wouldn't mind an answer to that question myselfi know little of...

wouldn't mind an answer to that question myself

i know little of the oil & gas game (ask me how much it costs to dig something out of the ground & i have a good idea)

i have seen recently that Verve in WA have had to pay $6/GJ for their long term supllies and that spot has been around $12$/GJ

the small amount i have seen about CSJ they quote resource/reserve in PJ which I think is 1000 GJ

if there are any oil/gas techies out there can you let me know if above is correct & also pointers or references to info about extraction costs, recovery rates, refining, etc

i like the $0.7 - $2 numbers but wont expect them overnight, my shares are staying in the bottom draw, any help on trying to arrive at a more substantive valuation would be greatly appreciated

cheers
T