GulfSlope Energy Inc (GSPE)

[firenice]

As long as we're spit-balling on the possibilities, IF Tau does what they think it can do re EUR, could be better, could be worse, at current brent futures curve prices vs assumptions in the presentation, and better than modeled royalty rates, you're roughly looking at $800mm in NPV for the 20% stake, give or take. That doesn't include anything from Canoe, if at all viable, and nothing assumed for Corvette blocks either. That being said, IF Tau does hit, don't you have to give them a premium valuation for being dead right on the play and having a prospect runway and head start over most!? I do. But maybe that's just me. Have to say, DK also looks interesting to me, but a different beast.

Everyone should do their own DD.