Since the Oct. Pres. last year there has been both good news and...

  1. 704 Posts.
    lightbulb Created with Sketch. 488
    Since the Oct. Pres. last year there has been both good news and bad. More accurately they were aiming for $120m from TPS, the rest from gas sales ($42m).

    I hope they can increase their supply of gas and reach $80m this year from TPS… anyway we’ll see.

    While I couldn’t say probable or likely, I do understand why they think $120m (or even more) from TPS is possible.

    In the last few years, TPS has only been generating around 10% of what it originally did. See for yourself:

    https://hotcopper.com.au/data/attachments/6254/6254872-8e094772443b41ca8b529136d0744025.jpg


    (and 6 months this year same electricity generated as all ‘22 & ‘23) (so available gas has increased).

    Also, we can see that the price of electricity is up. Sure, seasonal and day/night fluctuations but decidedly up. See here:

    https://hotcopper.com.au/data/attachments/6254/6254869-5f6182bbcf68fef30397e2e6070ca096.jpg

    So, with more gas we run TPS longer and QPMe becomes a money making machine. Instead of 6-7 hours a day, we need 12-14 hours a day. Instead of $150-200k a day, we make $350-400k a day, and voila $120-$150m a year in revenue (from TPS alone).

    Can we do it? Just need the gas. Everything else is in play.

    GLTH



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $101.4M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $350.6K 10.85M

Buyers (Bids)

No. Vol. Price($)
1 272502 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 960424 4
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
QPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.