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03/12/20
18:56
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Originally posted by blackitalian
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I love your enthusiasm,but you might want to check your workings.
I'm not having a go..ok
1 tcf does not equal 170 m BO.
Oil is a fuel.
Gas is an energy product.
chalk and cheese.
I want you to get a better understanding, so it might be an idea to hit the books and look at past Reports when trying to put a price on things.
For the rest on here:
I've mentioned before XST have a $1,000,000 Short fall if they want to retain 24% WI in Borba so this can only be done by Credit or Convertible notes" thats the reality!
It's obvious that people on XST & SGC have no idea how to work out MC,NPV,EP and the rest of the stuff.
so now is the time folks to educate yourself and stop gambling with you money before we have movement at the station with news.
the choice is yours.
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Cheers thanks BI i don't profess to be an expert.
What is the BOE for 1 TCF then ?