BRU 0.00% 7.9¢ buru energy limited

Resource estimate, page-3

  1. 892 Posts.
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    Pretty sure your number are out by a factor of 10.

    The value of 1TCF of dry gas is more than $1B.

    1cf of gas is equal to 1MJ, at today's value in Australia that is about 1c as a GJ sells for about A$10.

    So 1TCF of dry gas, at the point of distribution, is worth $10B because 1c x 1,000,000,000,000 = $10B

    If we say condensate is worth A$100 bbl and we had 40bbl/Mcf then 1TCF of wet gas = 40,000,000bbl x $100 = $4B

    So 1TCF of recoverable resource would be valued at $14B

    However it is not a point of sale, so say it is worth 40% of that.....$5.6B = 56x current SP

    If I am wrong it's because I have not had a coffee yet.
    Last edited by Shares2own: 17/03/22
 
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