From memory the company had a NPV of about 750mil when they thought they were drilling for 1tcf so I suppose were now looking at a NPV of maybe 6Bil now.
NPV is the value in todays dollar of all the inflows and outflows of a project over time. Generally used to compare the profitability of competing projects to determine the most profitable to progress.
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1 | 30000 | 0.044 |
3 | 491319 | 0.043 |
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Price($) | Vol. | No. |
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