one week to go, page-35

The reason BB I think results are due late next week or early next is due to being told by Fut MD that perforation will occur next week. If you Look what BP hudson field is pulling out you will see where I get my calculations from, By the way Brian is 5 km from hudson field.

Within the tenement 2ps are 1.2 tcf recoverable with an on market value on todays prices at 4 bil + plus condensate.
These Louisana prospects have a high condensate flow which adds value. Remember this well was drilled by shell in the 80's and was P/a all the data is there.

Buy value 5% of 1.2 tcf recoverable in tanzania at epv of 10cents per share or 63 mil to its market cap.

I am very conservative and are valuing 50% of 1.2 tcf at 20 mil so am not going anything over the top.

Directors options at 1.5 and 2.5 cents are they confident.
its a small company BB but one on success with a cash flow on success around 3 mill a month. I have worked it out with flow rates and condensate to me does that value FUT at a MC of 40 mil conservatively I think it does.