If... 1TCF of gas is equivalent to 20 million tonnes of gas... and one LNG cargo of 70,000 tonnes can sell in current market (@ say conservatively $20 per M BTU)... revenue is USD$100m.
Now if 1tcf field could potentially deliver 285 LNG shipments... @ USD$100m per shipment... the numbers are almost eye watering... $28.5bn.
If NWE has 600BCF then that is ....
0.6 x $28.5bn USD = Approx $17bn USD to covert that to AUD .... approx ... 17/0.7 .... = approx $24bn AUD
Allow for pipeline costs/compression/transportation etc as Brobel stated .... and I'm beginning to smell "DULLA FIDDY" even with 6bn shares on issue.
Stop the ramping ......
regards
Potter
NWE Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
