Well, here is an estimate based on the latest data.
If we use the 2024 price of $9.4 USD per MMBtu as per the ADX presentation slide, we can arrive at the following figures:
807BCF (best technical estimate) = 838,473,000 MMBtu
838,473,000 MMBtu x $9.4 USD = $7,881,646,200 billion USD.
Currency conversion: $7,881,646,200 x 1.50 (USD to AUD conversion) = $11,822,469,300 billion AUD.
Deduct 25% for partner MCF Energy = $2,955,617,325
Remaining to ADX: $8.86 billion AUD
At $57m market cap, its nice exposure to have.
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