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7.25%

6.4¢ central petroleum limited

Ann: Central signs Gas Supply Agreement with Arafura, page-5

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barbal

3,136 Posts.

72

13/02/24

10:33

Post #: 72375592
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Originally posted by psi81: ↑

I hadn't realised how close Nolans is to Alice Springs, this should be a nice little earner for the JV. Usually it's transport costs that kill CTP's margins, especially through NGP but the toll here should be minimal which means more margin. Not a lot of gas coming south from Darwin or Blacktip so the Amadeus was probably ARU's only realistic option, which suggests a good price for the JV, the gross margin could be $3 or more.

Unfortunately 7PJ is only a fairly small volume but it's certainly better than piping it to the easy coast and achieving little more than enriching the pipeline operators.

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https://www.aemo.com.au/-/media/files/gas/natural_gas_services_bulletin_board/gas-map-v2021-v16.pdf

CTP Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.4¢		Change -0.005(7.25%)		Mkt cap ! $47.36M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.4¢	$16.26K	244.6K

Buyers (Bids)

No.	Vol.	Price($)
1	29831	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	34644	1

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No.	Vol.	Price($)
1	29831	0.064
4	105503	0.063
1	16380	0.061
2	808500	0.060
3	518847	0.059

Price($)	Vol.	No.
0.069	34644	1
0.072	25262	2
0.073	86956	1
0.075	400000	2
0.077	440000	1

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