MEL
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0.00% 0.5¢ metgasco ltd

sorry i mistyped pjand i just went back to do some reading.2P...

  1. radwimps
    487 Posts.
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    01/12/09
    08:37
    Post #: 5984653
    sorry i mistyped pj

    and i just went back to do some reading.

    2P reserve stated is 296 PJ, roughly 0.3 tcf

    QGC has 13 tcf and valued at 6 billion dollars

    so 1 tcf is worth 500 million

    400 PJ is 0.4 tcf so approx 200 million dollars
    MEL Price at posting: 68.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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