Thanks Conix, an interesting test which I will try to complete (a bit busy to do so at the moment though). However, before I do can you confirm that based on your last post this is the correct forumla:
(((1,000,000,000 x Gas Yield) x Price Per PJ) / CTP’s Share) / Number of CTP Shares = Value
And that I therefore will just need to work out: 1) Gas Yield; 2) price per PJ; 3) CTP's interest in the area; and, 4) number of CTP shares - after which, its just a matter of filling in the formula.
Cheers
CTP Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held
