"As you can see, the Chevron/Beach Energy deal valued at $844 / acre. The Falcon/Origin/Sasol deal is in the same category. I added the Falcon deal to the chart. By the way Falcon should do so in their next Presentation. So, 4,000,000 acres x $844 = 3.38 billion dollars, 30% of that is 1.01 billion dollars. By using Falcon's own criteria Falcon's present value in the Beetaloo is just slightly over $1.00 dollar. Plus Hungary plus South Africa."
Soly....why use 30%, that is after the Sasol and Origin deal. if they had just sold at $844 and walked, you divide the return by the number of outstanding shares you get a 100%/share value, not a number diminished by 70%. Given the number of outstanding shares would that not be in the $3.00 +/- range.....not a dollar. And, the value is now stated on only 4 mil acres vs. 7 mil acres. I guess we're missing something here but where is the other 3 mil acres? Is only 4 mil potentially holding resources?
