WPL were forecasting 25% to 30% of LNG sales would be spot for the remainder of the financial year, so if you know/guess how much production for the quarter then you can assume say 25% (conservative estimate) would be spot sales to work out the financial windfall.
I dont expect the spine to last for long though tbh but it all helps.
Not sure how the WPL hedges impact things??? They hedged a lot of production at low prices conlmpared to the POO today
WPL buy, page-1039
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