RE: Valuations Pls... Check out their latest presentation: https://www.transeuroenergy.com/i/pdf/2012-06_Presentation.pdf
On page 20 and the following pages are some calculation shown. Choose between 0,40CAD$ and 0,65CAD$, depending on risk factor, discount etc.
We will see next week probably, if they are right or wrong. ;-)
Cheers and have a good day,
Neo