1 mmcfd per year at $4.30 utah well head price = $US1.6 million revenue = $1.76 million australian dollars approx.
Admin - $1.3 mil per year? (last quarterly)
= $400,000 per year earnings from gas sales.
p/e ratio of 10 = 4 mil market cap.
Anything else to add?
update out, page-20
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