ShareMv03393 Posts. 60 27/03/24 16:58 Post #: 73087808I found the following article regarding gas valuations at the well head which may give some assistance and or provoke comment regarding the glv article proposing a potential gas reserve in the well of 2.2 trillion cf ..... obviously this is many multiples of our current share price ...How much is a 1 trillion cubic feet of natural gas worth?It depends on a number of factors, including quality, location, contract delivery terms, etc.In the U.S., the value at the wellhead is about $3.00 per million BTU, which for 1,000 BTU gas is the same as $3.00 per thousand cubic feet.One trillion cubic feet would therefore be worth $3 billion at the wellhead (i.e., to the producer), which is kind of nonsensical because it will take a while to deliver that quantity .There is much to look forward to with GLV i have traded many oil stocks but this is potentially the cream on my trading careeri have never seen a permit so ripe for the picking with so much historical work and preparation completedGLV Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held4 2 Report Reply
- Forums
- ASX - By Stock
- Woooooo Hoooooo go GLV :)$$&&&
ShareMv03393 Posts. 60 27/03/24 16:58 Post #: 73087808I found...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CND (ASX) to my watchlist
|
|||||
Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $17.91M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.1¢ | $16.83K | 532.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 619345 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 48134 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 619345 | 0.031 |
3 | 645934 | 0.030 |
2 | 133000 | 0.029 |
2 | 369047 | 0.028 |
1 | 100000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 48134 | 2 |
0.035 | 80000 | 2 |
0.036 | 28314 | 1 |
0.037 | 100000 | 1 |
0.038 | 80000 | 1 |
Last trade - 15.56pm 27/06/2024 (20 minute delay) ? |
Featured News
CND (ASX) Chart |