If 60Tcf of gas is indeed recoverable, this share is worth as a minimum $3/share, repeat minimum. And that is at just 5 cents per GJ in the ground.
At 10c per GJ in the ground, it is worth at least $6.
IMO that is just too much gas for the majors to leave at the current valuation. I expect a major farm-in or T/O within the next 3-6 months.
Regards,
OK
If 60Tcf of gas is indeed recoverable, this share is worth as a...
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$1.36 |
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| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.35 | $1.352M | 994.7K |
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