Upside Potential at LD, page-495

From Brobel on the STX thread ....

If... 1TCF of gas is equivalent to 20 million tonnes of gas... and one LNG cargo of 70,000 tonnes can sell in current market (@ say conservatively $20 per M BTU)... revenue is USD$100m.

Now if 1tcf field could potentially deliver 285 LNG shipments... @ USD$100m per shipment... the numbers are almost eye watering... $28.5bn.

If NWE has 600BCF then that is ....

0.6 x $28.5bn USD
= Approx $17bn USD
to covert that to AUD .... approx ... 17/0.7 .... = approx $24bn AUD

Allow for pipeline costs/compression/transportation etc as Brobel stated .... and I'm beginning to smell "DULLA FIDDY" even with 6bn shares on issue.

Stop the ramping ......

regards

Potter