sorry but i do not concur on time frame,
"I fully expect CTUM to stay somewhat of a hidden gem for quite some time still,"
imo,DR's stages of developments on the projects (all mega's, each capable of individualy supporting a growing concern) have a timely framework that shows up in the prs. yes one has to look at these different techs individually, i recommend printing out everything and lining them up by technology. then
look at the dates/ accomplishments. one will see quarterly-annual advancement and the pace/venue factor. this is interpritive of course as stated "imo".
as such we would be@ 1.5 pps+ had the lfg "provider"
performed in chastang march 2006. this should be resolved around march 2007.
keeping Don's appraisel of value to ctum on the ipo of ltc
which advances started accelerating in spring 2006 and is scheduled to ipo after march 2007 adding 2.00 to pps.
the gastech proposal(10/1000 wells) may be the most simple project..... or not. but he brought that to us in august 2006
and i expect to see development by august 2007. if you follow
this light review one may see the direction i'm heading in as to a linear time table.
expect to see 2 major deveopments in around 90/120 days or less. the "less" is because any notification we recieve from the company will leave the penny status behind before we know!
the 3rd venue, gastech/ukraine, has an unknown % benifit/net profit at this time but a review of the the overall numbers
indicate its potential,,,,
cubic yard cu yd or yd3 27 cubic feet, 46,656 cubic inches 0.765 cubic meter
cubic foot cu ft or ft3 1728 cubic inches, 0.0370 cubic yard 0.028 cubic meter
Ukraine pays $95 per 1,000 cubic meters
1 cu meter= 36 cu' x .028 cu mtr = 1.008 cu mtr
roughly,,,(35.314)
ukraine PAYS 35.314 cu' x 1000 =95$
or 35314 cu' per 95$ = 2.69$ per 1000 cu'
what end pricing by ukrainian gas providers is, is difficult to project due to internal variences of ukraine policys those most prominent being VAT taxation/creditation, dual pricing by russia, multiple price strucures to end users in ukraine and markups for nonpayment. so to say ukraine makes a markup/profit on every 2.69$s of gas sold towit end value of imported gas is higher than 2.69$ and in flux.
Donald S. Robbins, president and CEO of CSMG, said, "We will initially use U.S. technology developed by Jordan Technologies, Inc., but plan to move manufacturing to Ukraine under a license agreement. This is a major project targeting gas wells currently producing between 100 - 400 million btu (British Thermal Units) per day. The strategic, primary advantage of the technology is that it is anticipated to increase production up to 100% of the wells current production."
In natural gas, by convention 1 MM Btu (1 million Btu, sometimes written "mm BTU") = 1.054615 GJ. Conversely, 1 gigajoule is equivalent to 26.8 m3 of natural gas at defined temperature and pressure
"100 - 400 million btu (British Thermal Units) per day"
100+400 divide by 2 = 250 average million btus. assuming
this is the total as in each well produces 250 million btus
26.8cu yard = 27c' per cu yard x 26.8cuyards to 1 mmbtu=
726 cu' per mmbtu x 250 =181500 cu' gas divide by 1000 x
2.65$ x 1000 wells = 480,975$ per day for 1000 wells at 95$u.s
per 1000 cu meter cost to ukraine value
= 175 million$ u.s. max 365 days 50% average increased recovery
this 175 million usd increase was at old $95.00 per unit cost and has increased to $135.00 usd cost per unit! we are looking at a project potential of a 1/4 billion usd... per year..just ukraine..
anyway, imo, basement price or not a this time, later(after newyear) may verywell be getting to close to chasing for me and will be all in i can before new year,, the great thing?
some don't see it yet and i can get all i can afford!
News 
Market Data 
Discover 
AI
