Those revenue numbers are a huge step up... Annualised that is targeting ~$100M+ if they can achieve the increased production into 2025 and given that we are approaching summer and highest demand period. Factor in fixed cost savings from the renegotiated contracts from July 2025 and potential for "extensive' upgrades of reserves in H1 2025 and you have the foundations for a significant rerate.
LNP Government in power in QLD strengthens the case as they are far more supportive and aligned with requirement for gas powered energy generation.
View firmly changed to from Hold to Buy.
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.90M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.2¢ | $70.80K | 2.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 622326 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 1704619 | 8 |
View Market Depth
| Last trade - 11.05am 07/08/2025 (20 minute delay) ? |
| QPM (ASX) Chart |