CTP 0.00% 5.3¢ central petroleum limited

NT infrastructure in budget, page-32

  1. 332 Posts.
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    A reminder...
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    My back of the envelope calculation says 25PJ/year is $75M per year (at $3/GJ - speculation on my part, giving the pipeline operator/s the same again to still make the gas attractive to IPL at $6/GJ). Now we just need:
    1. a pipeline
    2. more exploration to find the gas, possibly financed by IPL or otherwise underwritten by IPL

    I see a re-rating when the market is sure the pipeline is going ahead.
 
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