TEX
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0.00% 8.0¢ target energy limited

Hang on a sec, please correct me if I'm wrong:If Highway 71...

  1. starkinc
    312 Posts.
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    09/12/09
    16:52
    Post #: 6023646
    Hang on a sec, please correct me if I'm wrong:

    If Highway 71 brings 67.5 bcfg and TEX's working interest is 25% that means TEX will aquire 16.875 bcfg

    even @ the price of $5 per mcfg that would mean that we get this sum:

    16,875 * $5.00 = $84,375

    Would this be more accurate?
    TEX Price at posting: 5.2¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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