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  1. thecouncilgritter
    1,068 Posts.
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    03/07/12
    11:18
    Post #: 10386585
    Agree Scoob....the target in Block 105 is for 13.9tcf of gas. Based on the current LNG market, 1tcf = $10BN. Patently success in Block 105 along the magnitude of expectations would be absolutely mind-boggling, however, the JV hasn't even starting drilling as yet so it's all dreamtime stuff. Nevertheless, the risk/reward ratio is super attractive!
    NEN Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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