806 BCF is the prize.
$15,000,000 USD per bcf Exchange rate $1.53 therefore $23,000,000 AUD
806BCF X $23,000,000 equals $18,5 Billion AUD
$18.5 Billion AUD divided by ADX Working interest 75% equals $13.9 Billion AUD
$13.9 Billion divided by 496 Million SOI equals $28 per share x 10% inground value = $2.8 per share!
Still early days good luck to all!
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-388
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