road show with rbs, page-2

Nice to see the big boys will promote the company. Hopefully the roadshow will raise awareness of our little gem.

Good to see we are also buying 600 Miles( 960 km ) of pipes. Also the company expects to reduce the shrinkage by 50% or 400 mcf/d. At $3.25 mcf = $1,300 per day extra. More importantly if the fraccing ban is lifted there is good potential to add value to this asset.

Company does not say how much of our gas goes through this pipeline network but 400 mcf/d * 365 * $3.25 adds $474,500 a year to sales. Did i make a mistake in the calculations?
Used $3.25 per mcf as additional sales are not hedged.

Anyway good luck to all and may the fraccing ban be lifted soon