norwesterly, page-10

did some research

based on wholesale price of 3 per gigajoule of gas in australia 2012 with a gigajoule equal to around over 940 cubic feet a million cft would be about $3200

so based on current flows from hcss of 777000 cft if they fraced 10 times they would have 7 million cft

multiplied by 3200 = $22400 per day

times 365 = 8.17 million dollars

nwe share is approx $2.2 million

less directors fees ,rent production costs ,tax not much if anything left .

maybe mr market is right with current price