paulharris - I'm not sure about your maths, you seemed to go the long way round.
My version is:
2,000 PJ = 2,000,000,000 GJ
Multiply by 30% for recoverable, multiply by 30% again for CTP's share gives 180,000,000
Multiply by gas price...
Scenario a: today's Brisbane gas sales price @ $2.90 = $522M
Scenario b: East coast in a couple of years @ $8 = $1.44B
Note: I know CTP won't get those prices at the wellhead, and the $8 might be a bit optimistic (or not?). And there's an assumption that 2,000 PJ really means 2,000 PJ. It seems very odd to state the OGIP in terms of energy at this stage.
A best case scenario certainly could move the share price.
Here's hoping it's good news soon.
- Forums
- ASX - By Stock
- CTP
- egm notes
egm notes, page-23
-
-
- There are more pages in this discussion • 11 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 CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.22M |
Open | High | Low | Value | Volume |
5.0¢ | 5.3¢ | 5.0¢ | $43.63K | 835.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 135829 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 117423 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 135829 | 0.053 |
1 | 529054 | 0.052 |
1 | 428500 | 0.051 |
2 | 365000 | 0.049 |
1 | 373188 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 117423 | 2 |
0.055 | 275000 | 1 |
0.058 | 200000 | 1 |
0.059 | 519508 | 2 |
0.060 | 112209 | 2 |
Last trade - 15.57pm 27/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |