To be on the conservative and safe side let's say QGC eventually...

To be on the conservative and safe side let's say QGC eventually gets to a 2P resource of 4000PJ.

I'm not sure what the current gas price is at the moment/GJ in Qld - can someone please correct my figures.i'm going to be asssuming $4/GJ.

Based on a price and revenue of $4/GJ or $4mill/GJ .. the 4,000PJ resource equates to $16 bill .

Let's say half is EBIT .. that's $8 bill which is close to the current market cap.
NPAT after interest on debt etc.. may be $5 bill which is the current market cap.
Based on the current prices , development risks (including the risk of getting to 2P 4,000PJ) and infrastructure costs and debt and interest bills it seems to me that QGC is fully priced.

I'm being too conservative here maybe - so I stand to be corrected.

I actually want to find a reason to invest in CSG - i can see the future.