CE1 calima energy limited
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Ann: Pipeline Connection To Regional Sales Networks Approved, page-3

  1. cmonaussie
    11,263 Posts.
    lightbulb Created with Sketch. 3928
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    11/12/19
    15:10
    Post #: 41913412
    and I see the pipeline cost is C$19M ... prior estimate at FDP was C$15M and early estimate C$9M (Sep'18).

    That FDP had the following CapEx
    https://hotcopper.com.au/data/attachments/1878/1878071-9b14d55853f5afdec620494670eaf57b.jpg

    That looks like C$45M - C$55M to get 1st pad up & going at anything resembling realistic production rates.

    Going to take a lot more than talk to revive this one.
    CE1 Price at posting: 0.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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