AJQ 0.00% 10.0¢ armour energy limited

gas volumes

  1. dw
    56 Posts.
    I wondered whether we could just have a bit of a heads up on gas volumes and reserves etc. Sometimes it gets a little confusing with the use of the different volumes and flow rates etc. Especially since I've crossed over from Iron Ore and base metals to energy..for good reason.

    Here is a video link on the new gas fields and finds off the Israeli coast in the Med:
    http://video.ft.com/2808621410001/Israel-emerges-as-energy-power/Editors-Choice

    They mention that the recent discoveries are a game changer for the middle east and in particular, a bananza for Israel itself. They have found 16 + 6 TCF of gas so far.

    Isn't AJQ hunting gas reserves of how much? 41 TCF.

    So if the Middle East is jumping up and down over that discovery. How come AJQ is worth a paltry $80m?

    Speak Volumes?!

    dw
 
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