profitability potential, page-2

I thought WCL flagged revenues of $1b over 20 years which by my reckoning brings in around $50m annually.

Certainly if they can ramp up production over 40Tj/day down the track this might be exceeded but then again they are yet to achieve the first milestone.

If you wanted to work with $8.50/gj and allow $2.50-3.00/gj for opex and $40-45m capex and consider corporate overheads then you might come up with a number you are comfortable with. I know I have a number that gives me comfort.

Warm willing hands here to go with the best option whoever can either deliver a knock out offer or if the board can prove they can deliver on the drill program.