QPM 2.94% 3.3¢ queensland pacific metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49

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    Final figures for January 24 were $9.989,400 in sales on 19.981 MwH generated => $320K/day average
    In comparison to December 23, $5,270,000 in sales on 23,745 MwH generated => $170K/day average

    On face value good news but the peak prices wallpaper over the daily gas production rate which does not appear to have improved based on limited combined cycle operation. In Dec 23, Y2 generated 3,716 MwH but this fell to 2,058 in January 24, we need to see Y2 operating more often and for longer and for that to happen, we need to produce more gas.

    In relation to the quarterly, numbers were close enough to as predicted. Workovers were noted but no mention of tie-ins which SH might interpret as there being a lack of urgency. Hope I am wrong.
 
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