nearby pipeline excess capacity 100 million cubic feet aq day. so do numbers:
At A$9.30 per 1000 cubic feet, gross revenue fast of $340 million per annum
At A$17.60 per 1000 cubic feet, gross revenue fast of $715 million per annum.
These figures are from GDN - with six zones or more to go into production, only 10 miles to Williams 26-inch Northwest gas pipeline and it can take an extra 100 million cubic feet a day.
this is a case of the market is well behind on where this is going because we have a major revenue producer about to get going.
GDN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held