ROG 0.00% 0.5¢ red sky energy limited.

YES, @meerkat1 You are missing something, So I will shed some...

  1. 3,445 Posts.
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    YES, @meerkat1 You are missing something, So I will shed some light on it for you & others. If they have missed it also.

    "The gas sales volumes for the quarter which commenced part way through November were 19,581gj’s of processed gas which equated to revenue of $264,344.Accrued sales income for both gas and liquids due to the Company at the end of the quarter equates to approximately $1.05m."

    1....The $264,344 Revenue for the Gas only (AND that was just for about 6weeks worth, ie: From Mid-November.) Resulting in 19,581Gj's of Processed Gas.....therefore = $13.5000255349 per G/J (which is probably 100% higher than Santos or the other BIG producers get, because of the Gov't Caps)

    2....The difference Between $1.05M and $264,344 = $785,656 (Income from Liquids IE: Condensate ( which can be used to thin out Killanoola waxy oil ) also Ethane revenue.

    As you can see the liquids are almost 200% more valuable than the gas.
    Not to shabby for only 6weeks worth of PRODUCTION.......
    YES ...ROG / WE ARE A PRODUCTION COMPANY NOW!

    Thank YOU - Andrew Knox (especially) and your team for making this happen!

    Cheers to ALL ROG Shareholders!
    Certainly puts a smile on my dial, hope it does, yours.

 
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