267 BCF is the recoverable target for just 4 sections of the lease.
1 MMCF = $7 919
1 BCF = $7 919 000
267 BCF = $2.1b of RECOVERABLE gas.
And that's not the entire upside.
You do the maths if it turns out to be a multi TCF project:
"The CJV covers up to ~42 mines across four mining areas which it is estimated could contain Multi TCF’s of gas are estimated to be in place An extensive data base of electric logs (100’s of wells) and core is available, not yet in experts report"
TNP Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held