value if they have 80bcf, page-18

Shrewdy
You have been overly optimistic with the gas price currently around US$2.50 in GDNs area....I suspect this company is worth around 5-10c based on the release....but we all know that small speccy companies are trading at a fraction of what they are worth due to risk... 3c is probably more realistic...Interesting to see the flow rates, I suspect there will be plenty of dilution to get this field producing, and depending on the well costs/flow rates I suspect it will be borderline economic at current prices..
Cheers