EDE 0.00% 0.2¢ eden innovations ltd

Augusta Natural Gas Feedstock

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    I'm curious about the supply of gas to Augusta Corporate Park and the weight of CNT's that can be extracted per million BTU.

    The cost in the US per million BTU is approx $3.

    In 2015, Georgia's natural gas consumption was 700 trillion BTU. This equates to all of Georgia consuming $2.1 billion of natural gas.

    GS has stated that future Georgia production will peak at around 400 million gallons which is $10 billion worth of EdenCrete.

    I'm interested to know how much gas is required to produce 400 million gallons of EdenCrete. Is the flagged production capacity at Augusta a reality?

    Are the above calculations correct?

    Could it be that Augusta will require more gas than all of Georgia's consumption in 2015? Or are the margins on the feedstock incredibly high and thus very rewarding to EDE?

    What's the reality?

    https://www.eia.gov/state/?sid=GA

    https://www.eia.gov/dnav/ng/hist/rngwhhdD.htm
 
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