how much gas do you need to make the $6m interest bill
say you net 1.50 out of a $3.80 gas bill i.e. 80c pipeline/shipping cost and say $1,50 for all the staff/power etc,reworks/cleanouts
so $6m interest divided by $1,50 =4m units of gas
a unit of gas is 1000ft/day
so 4000000x1000=4,000,000,000
divide by 5,000,000
800 days gas production per year
lets be generous and say they make $2/unit
still need 600 days a year just to pay the interest bill.
i produce gas too after a good meal.If your paying,i'm eating,you can have the gas for free.
Sounds like an MAE sales pitch doesn't it?
I think that's the sort of deal your buying here
Add to My Watchlist
What is My Watchlist?