I've been trying to figure out exactly how much they will sell the gas for. Looks like it will only be US$2 mcf.. is this correct? That makes the 40 mmcfd worth $80,000 gross. Is there additional tax on the gas? If the price recieved is only $2 mcf then surely a LNG plant would greatly increase revenues...
Sentiment: - Still trying to decide, sold on the flow rate news now just trying to work out how much the co is worth...
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- lift off yeah right
lift off yeah right, page-15
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