RE: trc amended offer?"...what is the net asset value of eca ? "
That just depends what value you place on the landholding of eca.
The unknown asset value of ECA could be be a multiple of the known asset value.( asset value = book value?? or capitalisation??)
Since asset value is based on commodity price in this instance,one has to be a clairvoyance to know what the asset value of this company could be tomorrow.