Min value of PNN if you consider what Shell paid for PMISo here is something to consider: Shell bought all the Petromanas (PMI) Albanian assets (in exploratory phase) in Feb 2016 for US$45 million at a time oil prices crashed and PMI was on the ropes and near death. If a similar transaction occurred today that would be worth approx C$0.25 on the PNN share price. We are in a MUCH better oil price environment now so with just that comparison we should still be seeing big upside in the coming weeks / months.