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0.00% 7.8¢ tap oil limited

value of zola/wa-290-p/wa-49-r

  1. coopec
    2,669 Posts.
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    24/07/13
    22:25
    Post #: 12107170
    I can't help thinking you guys are putting a much too low valuation on Zola gas. I've just spent the last 5 minutes trying to find my previous posts regarding the sale of BHP Browse Basin gas reserves but have failed. However I can assure you if you divide the TCF's into the amount BHP received it worked out at $665M/tcf.

    Now look at this very interesting article and that figure ($660M/tcf) comes up again. (My calculator is not very accurate at this time of the night but I'm sure I am correct)



    http://www.fool.com/investing/general/2013/04/01/3-attractive-natural-gas-acquisition-targets.aspx
    TAP Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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