Could get interesting if the numbers quoted as being “understood” to be spot price are correct and hold up.
Even at conservative scenario based on those numbers of $450 per Mcf sale price and $200 per Mcf operating / sales costs we would have a margin of
$250 x 1000 x 38 = $9.5m per annum.
Less corporate costs, options and Ross and Trent’s salary and we might have a few quid left over.
Better do one last CR boys just to be sure
Ann: Voyager Gas Processing Agreement Executed, page-2
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