Rather like asking "how long is a piece of string?"..
I think it needs to be considered that PFC do not have a 100%
interest in any of the leases,either granted,or under application..
E.G. If you take only EP127,(as a representative example),PFC will eventually end up with only 35.8% of the total value of the tenement acreage...
So,I believe that only that percentage,(35.8%) of the acreage valuation can be finally ascribed to PFC..
What do others think?