COE 0.00% 18.5¢ cooper energy limited

Somewhpat clearier now I'm respect of gas sales we are required...

  1. 4,866 Posts.
    lightbulb Created with Sketch. 1242
    Somewhpat clearier now

    I'm respect of gas sales we are required to deliver 54TJ/day, from
    • Orbost plant production
    • Bought gas (pursuant to Compensation Agreement)

    Orbost production
    • revenue belongs to COE.
    • COE pay APA a tariff as always envisage

    Bought gas
    • APA contribute to cost of sourcing gas
    • We earn a margin as though gas had been possessed through Orbost
    • APA cost contribution ensures that we earn the net margin we would otherwise earn

    So basically who cares what level of production we at, we always getting made whole for net cash margin we would have otherwise made on 54TJ of gas....

    I'm fine with the above
 
watchlist Created with Sketch. Add COE (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
0.000(0.00%)
Mkt cap ! $488.4M
Open High Low Value Volume
18.5¢ 18.8¢ 18.5¢ $40.78K 219.9K

Buyers (Bids)

No. Vol. Price($)
21 777791 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 575983 28
View Market Depth
Last trade - 10.46am 06/09/2024 (20 minute delay) ?
COE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.