Using the or near the figures that MEO has been putting around of 50c US per mmcf in ground we get
$500m US per tcf.
693m shares on issue.
72c per TCF per Share US.
90c US / AUD
80c AUD per TCF per share.
I believe that this is a much better way of looking at it
rather than going down the boe path.
Pretty simple to plug in the numbers with whatever you fancy.
Using the or near the figures that MEO has been putting around...
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