Bridge Resources Corp V.BUK

gas prices

[molymoney]

https://europe.theoildrum.com/node/4878

Anyone got a site for the daily uk spot gas price?? TIA


MM

[dirac]

here it is : https://futuresource.quote.com/markets/market.jsp?id=energy&s=GWM-ICEt

[molymoney]

So at march price we would receive about $180,000.00 US /day340 days = $61,200,000.00 x 1.25 = $76,500,000 cdn less operating cost? yearly

[dirac]

NO, its .59GBP @ 1,75 = cdn 10.30 x 30.000 = 300.000 cdn per day

[molymoney]

Thx a lot, that sounds pretty darn good in canadian $$!350 days at about $300,000,00.00 = $105,000,000.00 a year cdn minus operating costs?whatever that isNow they got to get the thing operating at 30 mmcf/dayA3 times multiple down the road = $2++, i guess thats why the warrants and options are all around a buckand $1.35 etc.The next drilling property has already shown known gas, speculativelyits

[dirac]

You forget the 1000 blrs liquids per day at 50 cdn = 50,000 cdn per day the debt is right, I don't know about the cash

[molymoney]

https://www.xe.com/ucc/ I guess the pound rebounded 0.59gbp x 1.83 = $10.80 cdn x 30,000 = 324,000/day cadn + $50,000 for condensate Maybe the extra $74,000/day will cover operating costs MM