Is there any reason why you used $3/GJ instead of the prevailing W/A gas price of $6 - $8/GJ?
Or is it that this is the price given to calculate a recoverable resource. That being 59TCF. = 62,248,295,304/GJ
How about you add that you with your $3/GJ and divide it by NWE share.
Did your "research" note that there is a pipe line 17kms away. That AWE has well set up infrastructure and the knowledge to get gas to market quickly and will do so with anything over 1.3mmcfd.
Maybe you should send this "research" to Bharat. Clearly they have been fooled.
I think "you" need to do more research.
NWE Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held