NWE 0.00% 5.6¢ norwest energy nl

(ASX:NWE) Among WA Billionaires at foot of world-class gas play, page-75

  1. 1,378 Posts.
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    Sure thing my friend.
    My calculations tell me that AWE got $602 million for a maximum of 400 BCF gas when international natural gas price was $2.90.

    NWE has a share of minimum 400 BCF and up to potentially 900 BCF gas in the tenements and we’re only being offered $400 million when the natural gas price is easily above $5 in the international markets.

    We deserve a minimum of $800 million to $1 billion for our share. Meaning 12-15 cents per share or more.

    Please do correct me if I’m wrong.
    Regards
 
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