CNX 0.00% 7.4¢ carbon energy limited

positive technicals, page-36

  1. BH!
    2,521 Posts.
    bringiton,

    I'm not expert here, but if I'm adding things correctly, if your numbers were realistic we'd already be rich. The market can badly mis-price things, from time to time, but it almost never mistakes diamonds for dirt.

    10,000PJ, is (as I understand it) about 9.3tcf of gas. Estimates are that Gorgon (the biggest mother of a gas project in Australia) has 40tcf.

    I don't know what it's market value is, but I know that every major oil and gas company in the world wants part of it. CNX is not the same.

    I'd be happy if CNX ended up with 1/100th of the resources of Gorgon.

 
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