WGP 11.1% 1.0¢ westralian gas and power limited

rm milestone group (target price 6c), page-10

  1. 27,553 Posts.
    lightbulb Created with Sketch. 83
    Have to agree with you brucesterfer.
    By the time wgp is ready for production the gas price in WA may even be well above the $8.00mcf, given the expected shortfall in gas supplies.
    May I refer you to page eleven of the latest NWE presentation re,wells per acres.
    One well per eighty acres.
    It would seem you have a good case for a significant upgrade in potential producible gas(asumming the model holds up).


    Thinking about buying in,I currently hold NWE.

    Raider
 
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