FUT 0.00% 1.4¢ future corporation australia limited

trading halt, page-27

  1. 13,244 Posts.

    Its not that simple to value it on Gas flow, reserves in sands and program to tap the undeveloped field will be rerated
    to sp

    But on 20mmcfd + expected condensate, Fut's cut per week would be around $US 400,000 per week after costs.
    Or 21mil US per year from 1 well, most companies are usalay in small cap are at PE of 5 so Fut MC would be priced around 100 mil. But the upside is the development of the field and how quick they jump into it. As I have said before on the 1.2 tcf + condensate this field has a value of US 7bil on the proven reserves on the other 2p"s values 22 bil and 45 bil

    So on 20mmcfd fair value is 3.2 cents on 30mmcfd 5 cents
    + you then have to add a whole raft of other stuff but for now I will be happy with a gas flow.
 
watchlist Created with Sketch. Add FUT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.