$70,000 per day potential... options a steal!!, page-41

Guys,
My Bad. I had a set figure in my head per MMbtu in AUD that was from Jan. when VIL was all hyped up about Fause point. At that time in Jan the AUD v USD fx rates and gas spot price equated to ABOUT $7 AUD per MMbtu.

Based on same formula but correct current spot price and in USD:
GDN produce 10,000,000cfg/day
Gas price is based on per 1000 cubic feet (MMbtu)
10,000 MMbtu = 40,700 USD p/d

I was not valuing the entire company, only the revenue based on Paradox 1,2 and 3 if you are looking from a p/e ration perspective and for the purpose of the thread the value of the options.

Apologies for any confusion on my part. Surprised no one pricked it up sooner.