I get your comment and will point out there are hundreds of references as to what the current price range is for a GJ of gas. Look at annual reports for SANTOS SHELL ALINTA ORIGIN to name a few, and they are like $5 to $8GJ.
Now to use that as a calculator would be a ridiculous number. So we look at the risk and infrastructure, but most importantly what would a competitor or customer be prepared to pay for gas in ground?
Recent contracts of the last few years like BEACH and ORIGIN they were prepared to look at $1 to $2 GJ. Or you could look at Linc Energy or Carbon Energy valuations for syngas, see ASX release again off their web sites.
So to use half the lowest price I could dig up and halve it again, I would say that is conservative as you can get to put some thought into it.
but disagree with the way you ascribed the estimated value of a project (which is only a paper napkin assessment) / stock, that is not correct try stock v market cap, which would put it at a $3 stock
but agree should be around a $1.00.
The is still a hypothetical play till its proven.
P
- Forums
- ASX - By Stock
- NRZ
- Whats this announcement worth $ ?
Whats this announcement worth $ ?, page-3
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NRZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $13.31M |
Open | High | Low | Value | Volume |
0.6¢ | 0.9¢ | 0.6¢ | $93.36K | 12.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3856284 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4347500 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3856284 | 0.007 |
15 | 15728137 | 0.006 |
13 | 8200000 | 0.005 |
16 | 9336756 | 0.004 |
26 | 20442099 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 4347500 | 4 |
0.010 | 1807332 | 7 |
0.011 | 2163562 | 1 |
0.012 | 1000000 | 1 |
0.013 | 320000 | 1 |
Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
|
|||||
Last
0.7¢ |
  |
Change
0.001 ( 16.7 %) |
|||
Open | High | Low | Volume | ||
0.6¢ | 0.8¢ | 0.6¢ | 7194643 | ||
Last updated 15.59pm 10/06/2024 ? |
Featured News
NRZ (ASX) Chart |