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Ann: Vali and Odin Operations Update, page-38

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  1. HairyRichard
    3,857 Posts.
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    12/07/23
    16:08
    Post #: 68752144
    Nice to see those 3m shares dumped at 1.5 get scooped up quickly.

    What I'd really love to know is the price we're getting for the uncontracted gas... Being a small domestic producer exempt from the $12/gj cap, that $6 gross profit per GJ might look awfully conservative.
    IMO it's a reasonable value investment even at just $6/gj but when I'm seeing prices over $15/gj mentioned then that gets me a bit more interested.

    Extract from an EEG announcement in May

    https://hotcopper.com.au/data/attachments/5421/5421081-8a43845f4b487e872d7e8e0a102fc447.jpg
    MEL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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