VEN 0.00% 1.0¢ vintage energy ltd

Ann: Odin field starts gas supply, page-35

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    I have it on good authority that Odin 1 is very profitable. We'll get millions in net profit p.a. out of it.

    Vali 1 is also profitable.

    Odin 2 will make a real difference also if it works out. It should produce without fracking.

    Nangwarry is a huge sleeper. We're basically sitting on it until we can develop it out of accumulated cash reserves or do a gas prepayment deal like we did with Vali 1/AGL. Once Nangwarry is in production it will generate VEN circa $8M p.a. for at least 20 years.
 
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