CND 6.67% 3.2¢ condor energy limited

I found the following article regarding gas valuations at the...

  1. 423 Posts.
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    I found the following article regarding gas valuations at the well head which may give some assistance and or provoke comment regarding the glv article proposing a potential gas reserve in the well of 2.2 trillion cf ..... obviously this is many multiples of our current share price ...


    How much is a 1 trillion cubic feet of natural gas worth?It depends on a number of factors, including quality, location, contract delivery terms, etc.In the U.S., the value at the wellhead is about $3.00 per million BTU, which for 1,000 BTU gas is the same as $3.00 per thousand cubic feet.One trillion cubic feet would therefore be worth $3 billion at the wellhead (i.e., to the producer), which is kind of nonsensical because it will take a while to deliver that quantity .

    There is much to look forward to with GLV i have traded many oil stocks but this is potentially the cream on my trading career
    i have never seen a permit so ripe for the picking with so much historical work and preparation completed
 
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3.2¢
Change
0.002(6.67%)
Mkt cap ! $18.60M
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3.1¢ 3.4¢ 2.9¢ $106.0K 3.386M

Buyers (Bids)

No. Vol. Price($)
1 500000 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 25000 1
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