Ann: Cliff Head Resources, Well Planning and Farmout Update, page-48

Hey this a post from BluSeal over at GAS.
He has completed and posted some excellent and indepth intel on GAS and comparisons to other gas producers.
His tech knowledge is VG.
If you want to do some good research on GAS read some of his postings. Excellent.
Right now on current data only he rates this well over double its MC.
Tells you right now how cheap TEG is right now....ABSOLUTELY. I am not a seller I want to make that very clear.
Do your own figs.
Some more good news out of TEG Towner and we will kick like an unbroken stallion.
DRILL THE HORNER
I have highlighted the real important part-

You are right, ... I only followed GLL to compare it to the Jaws project of STX ... but STX was getting to the point, where they cutted the losses of "never ending pumping"...

as you can read today, GLL is still at 50 Mscfd (in total from all wells) and pumping... pumping... pumping... and meanwhile, they need a workover rig... (as I've written yesterday)....

that's why I'am impressed about at GAS, ... simple approach, cost efficient, no magic and finally commercial with every week on progress...

...and experienced O&G shareholders know that, because that's the reason why it's hard to get shares on market at this bargin... a fair market value would be at 250 Mio. AUD right now (a minimum "fair value" compared to peer group)...

but, the market tells the story...