In listening to the video and doing a little research....
EMP now have 2tcf of gas
Carl said it is not going below $10 (I assume per 1000 cubic feet) as how the American Market measure gas. See link US Natural Gas pricing
Given the US pricing to August in the link I make the assumption Carl is talking AUD when he says won't be going below $10.
So that suggests each tcf, and we have 2, is worth over AUD $10b!
Is my understanding correct?
Nice to know there is more news in the coming weeks.
Hindsight might suggest this is a good time to top up.
Thoughts anyone?
In listening to the video and doing a little research....EMP now...
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