the company is aiming to Frac 1.6TCF look up
https://www.quora.com/How-much-is-a-1-trillion-cubic-feet-of-natural-gas-worth
this is measured in this link in US dollars - so I’m estimating min if that was recovered I’d scale it back to 1 billion AUD dollars, ANA have a 35% stake with the UK based Gemini Resources LTD so that would equate to $350 million market cap and then I’ve worked back from there by dividing the current market cap and so works out min 70 cents a share before Christmas on this Siciniy 2 project. Even better is the fact of the arbitrage as the UK company Gemini is not listed but a very large private company so anyone wanting in on this discovery has to buy shares on the ASX - ANA
Technicals - Nice breakout on significantly increasing volume, page-21
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