Hi @Grfe4 (the usual reply button glitch…..c’mon HC fix this), I am by no means an expert in the field, nor do I work in the industry, I’m simply an investor (degenerate gambler) who has found himself attracted to O&G companies over the last 15 years or so. I can’t say I’ve ever come across “Tscf” being used in relation to measurement of gas, I’m used to reading BCF or TCF and therefore I’m struggling to follow along with “10Tscf” being valued at “$A 400mm”and I also assume “mm” is short for something else other than $A 400mill? I’ve always assumed that 1TCF of gas is worth approximately $US 1bill igv, although this does usually get heavily discounted. Anyway, long story short I’m reading your valuation as 10TCF being worth $A 400mill, I’m 100% sure this is not what you’re saying, it’s just to the layman such as myself I’m a bit befuddled with it. In the famous words of Pauline Hanson……”please explain”. Cheers mate.
IVZ Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
