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clock Created with Sketch. 14/03/21
23:56
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Originally posted by funberg:
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Hello!I quickly learnt that some post to benefit themselves but others genuinely provide fantastic information to help people come to their own decision. How big of a deal is PEP11? "has been assessed to contain up to 13.2 Tcf (P50 or 'best estimate' level) prospective recoverable gas resources adjacent to the major population region of Sydney and excellent port and power generation infrastructure." If drilling went 100% perfectly that would be worth roughly 40 billion $ (please correct me if i'm wrong)Australia holds 70 trillion cubic feet (Tcf) of proven gas reserves as of 2017, ranking 27th in the world and accounting for about 1% of the world's total natural gas reserves of 6,923 Tcf. Australia has proven reserves equivalent to 43.9 times its annual consumption. This means it has about 44 years of gas left (at current consumption levels and excluding unproven reserves)." Could we survive without PEP11? Yes. Would it be wise to decline it then? No. Very important to remember that there is a chance this could be declined. Stranger things have happened. You should prepare mentally for that.
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sorry mate was strapping myself to my rocket whilst reading your post.
though it will be more like climbing a mountain. shame all the focus on this stock is pep11. cortical's product is also life-changing
