using a gap to accumulate, page-2

If you use 25 cents per mcf (thousand cubic feet) as a conservatve basis for valuing 9.7 Trillion cubic feet you will see why Woodside and Chevron are very interested =
$2.4 Billion dollars worth of reasons .

I'm a bit out of touch with the going mcf price in Australia but if I were to suggest it is closer to $1.50 per mcf then the market cap of MEO becomes a little old fashioned at $68 million .
@ $1.50 per mcf we get a very signifcant enterprise at $14.4 Billion worth of gas .