Let's say that Highway 71 has 67.5 BCF of gas as indicated in various reports. Based on the current gas price of US$5.00 per MCF, would we expect Target to earn at least US$2.00 per MCF??? If so and the discovery turns out to be 67.5BCF and TEX gets 25% of this, it would add up to US$32,000,000. Correct me if I'm wrong, please!!
- Forums
- ASX - By Stock
- TEX
- your thoughts
your thoughts
-
- There are more pages in this discussion • 22 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 TEX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online