Sunshine gas - market cap - $573 million
• Certified Reserves:
1P 44 Pj
2P 469 Pj
3P 1097 Pj
• Several projects being
progressed throughout QLD
• Cash position of ~$80m
• No debt
- NO PRODUCING YET - no cashflow
EPG - market cap:$137 million
- 1P- 49PJ
- 2P - 140PJ - will probably rise to 500-700 in the next month or two.
- huge upside in terms of 3P reserves (6000-12000PJ)
- ALREADY PRODUCING AND CASHFLOW
- x4 gas prices in Europe
a simple comparison
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