These decommissioning costs were at June 30th, 2023. Implying a fairly long life.
GC-21 book value was more than USD$17m at June 30th.
Otto wrote carrying value of GC-21 to $0. Implies a short life.
This would significantly increase the NPV of GC-21 decommissioning cost.
NPV of decommissioning may be closer to AUD$13m or AUD$14m.
These decommissioning costs were at June 30th, 2023. Implying a...
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