I’m a big fan of buying assets at 70-90% off.
60% off is a good deal. Still dimes on the dollar.
Unless your dollar price was greatly inflated. above what the buyer becomes real.
Two years ago there were definitely some that overpaid, at least with hindsight from today.
Like when the Haynesville first reached it’s peak for lease sales. I saw some public land bonus paid of $25,000 an acre and 30% royalty.