MEO 0.00% 0.0¢ meo australia limited

gross worth meo with 15tcf gas

  1. 637 Posts.
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    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 :)
 
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