InvestorsHub Logo
Followers 1
Posts 735
Boards Moderated 0
Alias Born 05/21/2009

Re: nomonet post# 27768

Tuesday, 06/23/2009 11:20:03 AM

Tuesday, June 23, 2009 11:20:03 AM

Post# of 42520
The thing I've been looking for is(and if anyone can find this, we can get a better projection when we finally have our numbers) consumers don't use the same amount of gas per month. They use more in the winter and less in the summer, so a) the numbers we get are probably going to understate the yearly sales that Magellen will make b)household consumption of natural gas should be consistent in it's monthly upswings and downswings. Somewhere there has to be a chart that shows the amount used.

If we get that number we can project a better yearly revenue stream.

Also, business use of natural gas should be fairly constant, so if we can find what percent of gas consumption is business related and home related, then again, we're tightening our numbers even more.


Probably so tight that the market price won't reflect it accurately, but I'm bored at work at the moment, so my mind is wandering.