2024 Shares - 1,831,807,078 2024 Options (Listed/Unlisted) -...

2024 Shares - 1,831,807,078
2024 Options (Listed/Unlisted) - 448,856,505
Total 2.28b SOI.
MEC own 32% of PEP11.
Supposed gas resource is 5.5TCF. Yes Trillion Cubic Feet.
5.5TCF = 5802 PJ
1 Petajoule [PJ] = 1 000 000 Gigajoule [GJ]
5802 x 1,000,000 = 5,802,000,000 gj (5 billion 8 hundred and two million)
Albanese government wants a price cap of $11-$13/gj. So let’s be conservative at $11.
5,802,000,000 x $11 = $ 63,822,000,000. (Sixty Three Billion Eight Hundred and Twenty Two Million dollars)
63,822,000,000 (total resource size) / 32%(MEC share of PEP11) = $20,423,040,000.

$20,423,040,000 / Total SOI 2.28b= ~$8.95 per share.
Conservatively, upon approval we could aim for 4-8% of the above.
4% $816,921,600 / 2.28b = ~$0.358
8% $1,633,843,200 / 2.28b = ~$0.716

*This does not factor in costs/gas price/Option conversion*
Not financial advice either, I could be wrong, it's just me playing with numbers.