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good article in afr, jp morgan valuation

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    Good article in AFR today - should get a response from the market. JP Morgan says that its valuation is 93 cents plus 9 cents if NW Moran proves up at expected 24 mbbl, then they give the liquid stripping operation a value of 12-15 cents and the Highlands Gas project 40-50 cents. That makes $1.54-$1.67.

    Cheers

    H
 
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