About time that we got some good news, we all deserve a little reprieve
As prior information provided by Ravi and others, the following figures (Mt Kitty alone) should put some of the potential commercialisation equations into perspective, thi is not ramping up CTP, just stating calculated facts based on information at hand.
If there is an asset of 200 billion cu ft of Helium in the Mt Kitty Prospect and if we use your figure of say 30% profit, ie., a net asset of 66.66 Billion cu ft..
Forget about all your complicated calculations and apply the following;
200 Billion cu ft. divided by 1000, multiplied by, say $150
will give you; 200 million X $150 = $30 billion
For a SP value on that asset only, $30 Billion divided by No. of shares, (say 1 Billion), = $30 per share.
What must be remembered is that the following calculations also needs to be applied for the Magee prospects, adding both Magee and the Mount Kitty most defiantly puts $30 per share under the spot light and could be classed as being conservative.
Bring on the drilling campaign, let?s get this thing rolling and bring back credibility back to CTP.
Ravi hurry back you are missed.
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