EXR 3.19% 9.1¢ elixir energy limited

Ann: Grandis Moves to Stimulation Testing Phase, page-71

  1. 30 Posts.
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    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


 
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