wcl in the news, page-15

yeh, you guys are right.good stuff.
how could I forget we are already doing 12tj/d? (maybe age?)

so 30tj/d less 12 tj/d = 18tj
18,000 gj/d / 350gj = 57 wells.

57 wells at $1.5m = $77m

WCL share = $39m

as you mention, we already have $26m cash on hand.

and you are spot on re fact that the rate of drilling will be spread out over several years.
MH says GSA will have "flexibility over volume" - so I think the GSA will take whatever we can produce. Although it sounds like the peak shortage will be 2016.

we are looking better and better. and frankly, whilst they give us bugger-all numbers and specifics, surely we cannot be that far off the mark?

cheers