COI 0.00% 16.5¢ comet ridge limited

Per origin’s report yesterday - average price for Q3 was $26/GJ....

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  1. 3,070 Posts.
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    Per origin’s report yesterday - average price for Q3 was $26/GJ. So insitu value of COI’s 195PJ’s using that price is A$5bn revenue.

    Now that spike may not last so let’s use $15/GJ and costs (given flow rates) at $5/GJ… $10/GJ margins on potentially 16PJ’s per year production here (45TJ/day attrib).. $160m EBITDA - about current market cap.

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