What price is pre-payment at ? Long term contract price ( net to CTP ) today is about AU$5.50. Paying in advance suggests some benefit to Macquarie which most likely is a discount to market ? Yearly rate of about 1.73 PJ at $5.50 net to CTP yields AU$9,515,000 or up front pay for two years AU$19,030,000. That justifies 13.6 % rise in share price ???????
Ann: New Gas Sales Agreement and Finance Facility Extension, page-2
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