ok so on further examination I present the following...
XST's share of Borba propect gas = 38 bcf. 1 standard cubic foot = 1030 btu. 1 million btu =1 MMbtu XTC has 39,140,000 MMbtu 1 MMbtu= $5 USD. $1 USD = $1.30 AUD Therefore, IF XST is indeed sitting on 38 bcf of gas it would be worth $254,410,00 AUD.
This represents 8x the current mc.
now IF the first shows are substantially higher than first estimated, then ....well,
we wait for Monday. Glta
XST Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
