No I never said that"So basically are you saying the cost of...

No I never said that
"So basically are you saying the cost of getting the gas out of the ground is $7.05 per gj?"

I am saying you are using the retail price of $7.50 a Gj to determine value.

I was using the Grant Samuels value of $0.45 a Gj to determine value which takes into account all the factors I previosly mentioned , time value of money, risk , development costs.


THe cost of getting the gas out of the ground (lifting cost) is possibly around $US 1.00 a Gj based on SEH estimates. But really this is not even a 1C resource so who knows.

I am a complete novice in this so take what I say with a grain of salt.