The ASX release above was 25 Nov 2022.
We can see that COE estimates Dec 2022 and Q3 FY 23, which is Jan 23 - end Mar 2023, to average "low to mid 50's TJ/d.
Well certainly that did not happen for Dec 22, and IMHO, looks not likely for Jan-Mar 2023.
The half year from 1 July 2022 to 31 Dec 2022 (with 31/12/22 est at 50tjd) was only 47.49 tjd.
The month of Dec 2022 was only 43.89 tjd -- a far cry from 50tjd.
I guess we can only sit and wait for COE to be formally awarded to Materials Hazard Licence.
COE has stated they will install and commission the Sulphur Removals package. If that hardware does not solve the problem, then COE share price will not recover. Because as things stand now, the production is not only low, it appears to be unstable and unreliable.
The ASX release above was 25 Nov 2022. We can see that COE...
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20.0¢ |
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Mkt cap ! $528.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 19.5¢ | $2.729M | 13.21M |
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| No. | Vol. | Price($) |
|---|---|---|
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