Last Announcement
Mean estimate of 96 billion cubic feet (Bcf) of helium over approximately 25% of the Ramsay
Project area (PEL 687), which, if replicated across the tenement, would potentially make this
a world-class helium project. See Table 1 below for full details.
Someone please correct me if I am wrong with my calculations. Thankyou.
1 BCF = 1 000 000 MCF, 1 MCF = 450 USD = 675 AUD
100 BCF = 100 000 000 MCF = 45 000 000 000 USD = 67 500 000 000 AUD
67 500 000 000 AUD - tax and expenses = 40 000 000 000 divided by 400 000 000 shares = $100.
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