EPG 0.00% 41.0¢ european gas limited

It definitely helps to compare. EPG - 9000 Contigent 50% could...

  1. 287 Posts.
    It definitely helps to compare.
    EPG - 9000 Contigent 50% could flow to 3P so 4500 3P
    4500 PJ = 4 500 000 000 GJ
    no. of shares 250 million after conversion

    GJ/share = 18GJ/Share GJ price $12 conservative
    $216/share gross revenue over life of field for EPG

    QGC - 7100 PJ 3P reserves

    7100 PJ = 7 100 000 000 GJ
    no. of shares 820 million before sunshine ect.
    GJ/sharer = 8.6 GJ/Share GJ price $6 LNG price current $3
    $51.95/share gross revenue over life of field for QGC

    Of course EPG will have major dilution in shares when they list in France and develop the Lorraine project but we do have a fourfold difference on our side

    cheers Icharus
 
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Currently unlisted public company.

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