TDO 7.14% 9.1¢ 3d energi limited

It looks good, but I have trouble valuing gas assets, in theory...

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  1. 5,575 Posts.
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    It looks good, but I have trouble valuing gas assets, in theory they are worth that much, but when you look at those fields 2200 BCF of gas that is 2.2 TCF of gas, BRU has a best case of 150 TCF of gas in their fields, that's 75 times bigger and they can't do anything with it.

    Yes those numbers do scale BRU are in theory sitting on over a trillion dollars of NPV on that project, it's by scale a top world class gas discovery, but no takers it's really hard to do anything with these discoveries.

    I am not very familiar with gas though, so I am not sure why these companies are not being taken over or developed, I think it's maybe because the development costs are ridiculously high much higher than other things like gold or lithium etc and gas demand is not booming, the values do look amazing, but they are going no where.

    I am far from an expert though, gas is completely out of my wheel house, you could maybe ask haplo he works for WPL, if anyone might know it's probably him.
    Last edited by thunder54: 29/11/16
 
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