Has anyone done a comparison of triple compare to seh?
1) I am of the opinion even after all the share issues, ie 1.5billion shares.
2) 1 cents is only 15m mc, seh is at 300mc so thats really 20times, we wont be greedy.
3) Lets not be greedy, 50billion cubic feet would say at least 100m mc? Gas price per sino is 9.5 per 1000 cubic feet
4) issue extra shares at higher prices for more drilling, taking us to 2b shares.
5) 100m mc / 2b shares is 5cents.
Whats the opinion of other readers?
TNP Price at posting:
0.5¢ Sentiment: None Disclosure: Held