Since the failure of Xanadu there has been a lot of navel gazing...

Since the failure of Xanadu there has been a lot of navel gazing on this TEG site with a number of suggestions and plans discussed. RT's options offer has made all this redundant and opened up a new set of parameters. 1) It defines my calculations on Reids Dome as being valid or close to the mark. 2) It demonstrates that GAS will be sold (AKA Daisy) 3.) Based on 900bcf with a sales price of $1m /BCF (which seems about right), this means GAS will be sold for $900m or $6.25 ps. probably by end of June. 4) TEG's 33% represents ~$300m or 70c ps, fully diluted including the converted options. The flood gates are about to open IMO either with this GAS TH or the GAS AGM tomorrow. I am not a geologist and not a resource certifier so you should not take my figures into consideration when making an investment decision. Be effing mad if you didnt though. Ha Ha Feral