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Riglife

3,485 Posts.

468

01/04/22

22:46

Post #: 60594030
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Originally posted by Sk1nman: ↑

If we hit the high case (like NWE did) which is 17 TCF. On rough numbers that would give us 25% of of 17 billion or a MC of 4.25B!!! So potentially up to 85 bags from here!!!

Now im not one to throw stupid numbers around on HC and rocket ships so don’t expect us to get there but it is possible based on simple numbers we have already!

Anyway I’m not greedy id happily take 50 bags any-day!!’

Have a good weekend all. Next week could be the start of the re rate as the anticipation builds up!

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If you compare it to NWE then we have considerably more upside if we strike gas.

NWE control 20% of their find, GLV control 25%
NWE have at best case 2Tcf, GLV have at best case 17Tcf
NWE current MC 233M, GLV MC a measly 54M

I'll take that bet any day of the week.

GLV Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
16 Upvote

3 Great analysis

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Last 2.9¢		Change 0.000(0.00%)		Mkt cap ! $17.00M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.9¢	$1.74K	60K

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No.	Vol.	Price($)
3	40903	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
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3	285703	0.027
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1	400000	0.024

Price($)	Vol.	No.
0.029	276287	2
0.030	525011	6
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0.034	305334	1
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