Value of Mean Prospective Resources on ground within / nearby existing production / transport infrastructure are impressive.
Stairway new gas is 108 PJs. thats 108 million GJs. @ AU$12 GJ total value is AU$1 , 296 , 000 , 000. CTPs issued capital is 7.4 million - thats AU$1.75 per share. if a third of the gas is produced thats 14.5 cps. if 10 % produced thats 4.375 cps.
Palm Valley Deep M.P.R. is 123 PJs / 123 million GJs. @ AU$12 GJ total value is AU$ 1 , 476 . 000 . 000 - thats AU$1.994 per share..
one third produced is 66 cps. 10 % produced is 6.62 cps.
Orange ( near Dingo ) 401 PJs / 401 million GJs. @ AU$12 GJ total value is AU$ 4 , 812 , 000 , 000 - thats AU$6.50 per share.
one third gas produced is AU$2.166 per share. 10 % produced is 65 cps.
Mamlambo, Zevon East and West are also nearby.
Value of remote resources Mount Kitty, Magee, Mahleer, Dukas will quickly jusify rapid build of Amadeus to Moomba pipeline.
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