RE: Lon Stock Exch14 Feb 2024 22:15
If there was 33 billion cubic feet (96,277,278 cubic meters)
price say 1 pound per cubic meter, split 3 ways HE1, Tanzania goverment, share holders (32,092,426 cubic meters to each)
that would give a share value of £ 32,092,426.00 divided by 3.4 billion shares
thats around 106 shares per 1 pound
or 0.94p per share obversely this calculation will change when real figures come in
if £10 per cubic meter share price 9.4p
£15 = 14.1p
£20 = 18.8p