Only having guess 2.6
What I’d like to know how much would a share be worth if we find Gas.
For example
1mmcf/d = 1 cents extra per share
2mmcf/d=2 cents extra per share
(I really don’t know)
This was from the ‘Significant Resource Upgrade and Drilling Rig Secured’ dated 27 August 2012. On page 2
Calculations of well productivity suggest that an initial gas production rate could easily exceed 20 mmcfpd per well at a Flowing Wellhead Pressure of 4000 psi. This would equate to a revenue flow of $4 million per month to Aleator.
How much is 4 Million per month worth per share?
Wally
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