Don’t normally comment, so I may be making a fool of myself , but….
Assuming 3 TCF of gas
Divided by approx 900 cu ft… to yield a gigajoule = 3,3 billion gigajoules
Market price of gas,,varies but using a yearly low of $10.50 per gig
Gives us resource with a retail value of $34.6 Billion
if we sold for $300m, that means we’ve sold out to
COLES or WOOLIES …..only they would demand 11,000 % mark up
Ann: Grandis Moves to Stimulation Testing Phase, page-71
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