NWE 0.00% 5.6¢ norwest energy nl

It would pay to check your own maths before you bag someone...

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  1. 3,129 Posts.
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    It would pay to check your own maths before you bag someone else.
    @bigchin is using a reasonable methodology - he's just using yesterdays MC and the SOI, not allowing for options.

    Using your metrics (6B SOI and 0.03 cps share price) and the old high case (1.1TCF)...I come up with 750,000 per BCF. Still a bit lower than the others.
    When i use a more likely new figure 1.5 TCF... I come up with 600,000 per BCF.
    When i use a new high case of 2 TCF...i come up with a figure of 450,000 per BCF.

    DYOR,
 
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