RE:RE:RE:....so....thorgb1 wrote: $20B USD based on current understanding of Mopane, which is about $3.5 per share. I think, and I believe many others also share the opinion, that Mopane is much bugger then we currently know, and still more structures to explore in the block. This block alone could easily be worth $5-10 to SEI, let alone the Chevron block and the Saturn Superfan, which has been theorized to hold ~40B boip.
....thanks thorgb1...that was my point....20Bil for whats know now....when Galps 40% sells for 20 billion plus, they still retain 40%- whats that 40% worth?..its like owning land selling half of it- the half you retain shoud be worth at least as much as the parcel you sold- so essentially my logic says the 1 bilion valuation for SEI could/should be 50% higher in PEL 83...