So, after assuming significant and inflated costs, for
- all development (also other sites, and abandoned Cuadrilla projects) around 150 million
- future drilling for PNR to optimize the footprint 250 million
- installations and some pipeline work 50 million
Cuadrilla should be able to nett over $900 million from the PNR site only.
Within the next 5-7 years another 5 sites could also be operational in the same license.
AJL has 50% of share, so that is a fair potential of several billions in profit, with still decades of asset potential left in the Bowland license. Also other licenses could bring value and revenues, but so far we value them in this calculation at Zero.
May I ask you to place your bets?
Share price in:
1 yr
2 yr
5 yr
AJL Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
