friday trading, page-8

It seems like with NEN that most of the trading gets done 15 minutes after open and before close and next to nothing in between... Very exciting couple of weeks coming up IMO and lets hope the resource is close to the 14 TCF high estimate which is close to 4 TCF for us...

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http://www.haaretz.com/print-edition/news/leviathan-natural-gas-reserve-said-worth-90-billion-1.334143

"Further testing will be necessary to ascertain how much of the gas can be feasibly extracted. A rough estimate shows the find may be worth as much as $90 billion at present market prices.

That said, with the release of the report, Leviathan officially became the biggest deep-water gas discovery in the last 10 years in the whole world. The field, deep in the rock under the Mediterranean Sea, is as big as the biggest hopes for it: 16 trillion cubic feet of gas, the explorers announced yesterday. That's more than double the size of the adjacent Tamar field. Officials were jubilant at the news."

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So if a 16 TCF find is worth $90 billion, then 14 TCF would be worth around $79 billion or around $20 billion to NEN... These estimates seem a bit high, but I would settle on a market cap of $2 billion++ if everything comes up trumps, which is a 10 bagger from here...