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19/03/11
18:02
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All credit to aaremms from the QPN post.
creative - since you have tracked EGO, can you confirm that EGO achieved 30bcf of gas, while QPN is after i believe 350bcf?
EGO has i think a 35% interest in 30bcf gas with 4billion shares..
QPN - 15% interest in 350bcf gas with 1billion shares..
EGO - 4.5c ... should make QPN in the 15c range easy if the above numbers are approximately right..
& bob81z
Just a slight correction EGO has a 67% stake in approximately 30 to 50 Bcf + condensate.
With the now very positive belief that they are sitting on approx 1.2 Tcf + condensate.
QPN should fly once the drill comes back with the news we are hoping for.
Based on these numbers anyone care to have a shot at the price of TNP if the ann is in our favor?
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