That announcement seems very good, and shows a reasonably calculated potential for bul.
I went on to google to see how many PJ are in a Tcf.
It Says 1 000 PJ = 0.938 tcf approx.
If Bul have 21.3 Tcf then that makes alot of PJ about 20,000 PJ if my calculations are correct. (P50)
Yes its only an estimate and will take some time to prove up.
Im surprised the price has fallen but do get surprised all the time, One to watch imo, could become a target for a larger cbm company imo.
DYOR and good luck holders
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annoucement out csg reserves, page-7
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