IVZ 1.49% 6.8¢ invictus energy ltd

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  1. 53 Posts.
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    Please forgive my ignorance but if the U.S price per thousand cubic feet of gas is currently at $2.72 and Invictus potentially has secured at least 2.5 tcf gas (estimated guess after holding 35% control after FO) then in well 1 tcf of gas should be worth 2.72 billion. Therefore $2.72 x 2.5 (potential tcf) should be worth 6.8 billion market cap for Invictus? Making the potential share price (if not diluted, currently around 462 million shares outstanding) some where in the $13-$14 range? Am I missing something or wayyy off?
 
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6.8¢
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Mkt cap ! $96.41M
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6.7¢ 6.9¢ 6.7¢ $34.82K 512.0K

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No. Vol. Price($)
2 150899 6.8¢
 

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Price($) Vol. No.
6.9¢ 131225 1
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