not the case at al Shake It
my numbers were based on the QGC sale on a per tcf basis. The direct comparable with the number of shares on issue at the time was $44.
In the new world post share consolidation and with EEG drilling into serious liquids my valuation is far too conservative and I am doing the numbers on a massive upgrade.
we are talking about 13+tcf with liquids
you can’t get that anywhere else in the world and EEG is the only pure play exposure with the biggest landholding and a focussed aggressive management and board
Ann: Carpentaria-1 Intersects Liquids Rich Velkerri Shale Gas, page-22
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