Guys,
Just cross your fingers as i figured out the gross worth of MEO if it does find 15 Trillion Cubic Feet of Gas
1 TCC = ~20million tonnes of Methanol (gas)
price per tonne = US500.00 i.e. Approx AUD660/tonne
i.e. the success looks like this
15 * 20 = 300 Million tonnes of methanol
Price = 300* 660 = 198000 Million Dollars ??????
Guys am I dreaming or wat I got this info from the following sites
TCF to Tonne calculation
http://www.chemlink.com.au/conversions.htm
Cost of gas per tonne which I got from MEO website itself
http://www.meoaustralia.com.au/_questions-answers.asp
I think Mr Palmers 45 Mil investment is now justified :)
- Forums
- ASX - By Stock
- MEO
- gross worth meo with 15tcf gas
gross worth meo with 15tcf gas
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online