RE:Well We Have Martins Numbers And Conservative . Goldy63 wrote: Just for a ballpark . So heres some numbers for you... p.s.my understanding is that nat gas is sold in lots of 1 million British thermal units, essentially 1000 cubic feet per the price in commodities. 37,500,000 BO = $3.93 billion @ $105 a barrel 114,000,000,000 cf of nat gas @ $7.40 = $843,000,000, this brings the selat reserves to a total of $4.77 billion our 25% of that is just under $1.2 billion. And we have just over 120 million shares out at the moment... add extra ownership percentage and possibility of more reserves found in new report... Have a great day!
Oh to sweeten the pot those numbers are US$ So add another 25% ish . Then we have peeps selling in this range ???. Always a crumblord or two that does not see the forrest thru the trees. Cheers.