FUT
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0.00% 1.4¢ future corporation australia limited

I was looking at ETE's latest presentation and they valued their...

  1. seden33
    1,089 Posts.
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    18/11/09
    08:25
    Post #: 5927115
    I was looking at ETE's latest presentation and they valued their company on an in ground value of 1.5 million per mmcf of proven . So say they prove up 1tcf @ 45% to FUT which would be 450mmcf * 1.5m = 675m

    675m / 2.8b shares = 24cps
    Just an early morning ball park figure
    FUT Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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