Hi,Could someone please let me know if the measures below are correct,or have I made a mistake? Also roughly how much would a joule be worth,around $2?
JOULE: A Joule is the primary measure of energy in the metric system.
GIGAJOULE (GJ): A Gigajoule is equal to one billion Joules.
TERAJOULE (TJ): A Terajoule is equal to 1000 Gigajoules.
PETAJOULE(PJ) : A Petajoule is equal to one million Gigajoules.
If the above units of measure are correct the in ground value per of coal at 10PJS PER 1MTS would be 10billion joules per 1mts x the value of a joule.Now we would have a billion tons to start that is 1000 million so I would have to multiply the above by 1000 ,now take away 50% for future dilution of shares and divide it by 250,000,000 for the current shares outstanding.
I have doubts about my formula as it is different to others on this thread.Do I have too many Joules per Petajoule?
Confused ,Kongg.
size of resource is very large, page-72
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