ELK 0.00% 1.4¢ elk petroleum limited

gas discovery valuation, page-17

  1. 957 Posts.
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    I think most of us have discounted the nitrogen. The methane alone (at 42%) is valuable enough on a high flow rate. The real bonus will be if there is helium.

    However, nitrogen has to be separated from the methane and at that stage it will be about 99% pure so it may have value and that will be a bonus too.
 
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