RE:RE:RE:RE:RE:Nat Gas Woes . Perfect Timing . Perfect Storm . jermiah777 wrote: When the SASB gas field is fully developed, at peak, Trillions estimated cash flow could reach $180 million per year; many multiples of the Companys current share price. The Company received third-party engineering reports for its reserves and resources prepared by GLJ Inc and when combined, estimated the following: ItemClassBCFNPV10% $US Million(2)ClassBcfNPV10% $US MillionDiscovered non-producing2P20.2$75.7 m3P31.4$129.2 mDevelopment prospects, riskedMedium estimate23$93.6 mHigh Estimate36.4$156.0 mTOTAL40.3US $169.m62.4US $285mC $216mC $367 m From the above chart, representing the current work program, the combined net present value discounted at 10% (NPV10%) for the current 17 well work program (2P gas reserves plus risked medium case estimate of gas prospects is USD $169.3 Million (CND$216m) up from US $138.64). The combined net present value discounted at 10% (NPV10%) for the 3P Reserves plus high estimates for prospects, the NPV10% USD is USD $288m (CND$367m) up from USD $243.3m. Actual cash flows could be much higher than the assessment shows, if current gas prices hold up. In April 2022 natural gas hit $18 /MCF, far exceeding the modest $8-9/MCF sales prices used in the reports. Trillion has more than one European natural gas project on the burner. Russias late April arbitrary cut-off of Bulgarias natural gas supplies caused an economic crisis. The company -'-------'------------'-----------'-------------- So 17 WELLS could generate 180 US per year with gas at only 8-9 $ MCF. But gas is likely to be 24 - 30 over the winter. Almost 4 TIMES what they calculated. So it's not hard to see the huge amount Trillion could bring in.
Beauty numbers J777 . Much appreciated .