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0.00% 5.4¢ central petroleum limited

helium back of envelope calc shows mega potential. He sale price...

  1. justinmetals
    1,934 Posts.
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    15/01/19
    10:55
    Post #: 37116563
    helium back of envelope calc shows mega potential.

    He sale price approx $80/thousand cubic feet or $80M/bcf
    Say $60M/bcf profit

    Profits from NATURAL GAS = 1000bcf (PJ) x $1.5M/PJ  @ 30% CTP = $450M
    Profits from HELIUM (@ 5% He) = 0.05 x 1000bcf He x $60M/bcf  @ 30% CTP = $900M
    CTP Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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