RE: RE: Production
Moly...
You see any downside risk here ? What kinds of problems can they run into with the flow when they are turning it up ?
Europe sure needs gas.
Is there a site like the EIA site that lists inventory builds in Europe the way they do for North America ? How are they doing over there for supply ? Anything like our situation here ?
Would their gas prices be contractual at $8.25 / mmcf per day ? I guess currency exchange is a slightly added bonus...
I calculated that at 30 mmcf/d @ $8.25 US / mcf we are looking at
30,000 X 365 X $8.25 = $ 90,337,500 USD or approx. times 1.2 = $ 108,405,000 CDN...
I'm assuming that is how we land at .82¢ / share approximately... just checking because this is a no brainer at these prices...