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Even so, we think that ISS’s final conclusion on Net Asset Worth is primarily based on flawed logic. The average analyst NAV when the transaction was announced was C$39 per share, giving a resultant P/NAV of our give of 1.10x, which is a powerful premium to NAV and above precedent transactions for assets below development. Turning all-natural gas into hydrogen and strong carbon requires the methane to be heated at high temperatures in the absence of oxygen so that CO2 can not be formed — a process called pyrolysis that numerous organizations about the globe are attempting to commercialise. Appital,...