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Soundingoff. The 2+$/mmbtu is an average figure for a set of deals that Wood have compiled. It is similar to the 5$/bbl oil in ground used in oil transactions. As such it is a benchmark for comparison in the absence of details. Yestit is an average figure and the standard deviation is not known to see whether there are many outliers
With an average transaction price of 2+$/mmbtu of gas in ground, the value of 650 bcf gives around 52p per share to sound. Even with 1$/mmbtu, it is around 26p. Is this all about trust?
A ceo who till the last mn was talking about the LE while he was using the company time and rresources to look for himself. Then he jumped off ship when his new prey was ready. Shame on JP and on those who support him.
Seems you dont like that some people are reminding others about the lies of JP. Well i cant read into the intentions of virtual people.
Dont be surprised if they announce the LNG project very very soon
Dont be surprised if they announce the LNG project very very soon
Some mentionned need to be in jail.
Im sure he will be mentionned in any prayer of the thousands who were shafted by him.
Just seen a study on the development of a field. 100 mmscf per day for 10 years. A total of 169 wells.
If those guys can confirm a couple of TCFs!
A plan B if the deal does not go through? they must know that no reasonable value can be achieved without drilling. SLB, Onhym, ogif should be thinking the same...may be.
She is the one.
Was in touch with Mohammud lately?tnx
If you have a CEO who jumps off the ship the way he did, you understand, ex post, that it couldnt have been a success under his direction. We had a CEO who wanted to make money and to succeed for himself and with no governance then you end up in chaos.
No way out of this except drilling. There was a report by Wood about gas transaction saying 2+$/mmbtu og gas in ground was an average figure. So a couple of TCF discovery would change everything. But before this, trust and honesty should be established and the ball is in the BoDs camp. Will they work on that? We havent seen that...yet.
Jp , brian ..all have linkedin accounts. Whenever you can visit, say th right "hi" to the vampire who already updated his profile as chairman of RGM. No shame.
A spectacular theft. Just wondering what values he is sharing with his kids in those days. Shame on you JP, you made such days sad for thiusands of families. Shame in you .
The below are public facts as everyone can check
Well, how do you qualify someone who, being on the know, was trading his shares and asking people to trust him and hold? How you qualify someone who inflicted so much misery to thousands of people, who trusted and supported him for years, and their families?
Gl Jack. Hope u have an acceptable exit from this torture.
The latest should be James Parsons. He was telling people when prices were around 90 p that those investing at such levels dont lose money. His famous "1000p wont cut it" will be remembered for long time. Shame on you james parson.