MAY 6.00% 5.3¢ melbana energy limited

The 80Km pipe I reckon will be $50-$80M that might get us 1 or 2...

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    The 80Km pipe I reckon will be $50-$80M that might get us 1 or 2 10” pipes good for 100k barrels a day each. Perhaps one for heavier one for lighter.
    The APF gotta add another $20M at at least for $200K bopd but they’ll probably stage up capacity on both to match ramp up in production.

    I reckon they’ll start on both simultaneously and it’s possible a build could start as soon as mid 2025. At which point income will be say 15kbopd so north of $400M ($80/barrel).

    OB, another GSD would be mega and the sharks will need bigger mouths. That or step out at alameda as Errol is keen to do. But there’s no pad… Anyway any next moves will be fully dependent upon A3 as you said. There will be plans A B C D E … Hopefully they’re just as colourful as we hope for.

    bye for now.

    NB all this is pure speculation on my behalf and $ suggested based on engineering experience and NGP in the Northern Territory (much more challenging for permitting and trenching). Our pipe should have a ready to go easement. Good luck
    Last edited by justinmetals: 23/04/24
 
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