ADE 0.00% 19.5¢ adelaide energy limited

congrats to all holders!!!, page-52

  1. V8
    9,963 Posts.
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    One o the reasons I thought we were being held back is possibly due to high levels of CO2 traditionally found in cooper gas.

    Cooper gas traditionaly has between 12-30% CO2 content

    Worse case for ever 3 ton of methane we get 1 ton of carbon costing $23 to vent to atmosphere but would probably be cheaper to pump under ground as there anre many dry holes out there to utilise.

    So what 3 ton of methan worth?

    http://www.natural-gas.com.au/about/references.html

    3 x 53.6 = 160.8 Gj

    160.8 x Pick your price say $5 = $804

    Hardly material,$23 to get $804.

    Given this will force a move to gas fired electic I think I like the carbon tax and it will easily drive the price of gas much higher
 
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