Hi Firesheer,
What are you calculating: revenue or profit? What was the basis for taking 1bcf = $1m?
I’m not suggesting that the company is worth $357m, only that the total revenue could be worth that. At this point there’s a lot unknown, but if production tests go well one could see the NPV being comfortably above current market cap. Happy to be corrected, but please justify it in detail.
Cheers,
Essa
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