Justin,
On page 5 of the publication titled "CTP: Developing Northern Australia", states:
"Production Capacity (Gross JV):
* All fields ~ 45 TJ/day
* All facilities ~ 65 TJ/day"'
What does this mean?
Psi kindly provided the answer being:
"It means the facilities (gas processing plants etc) are capable of processing 65 TJ/d but the fields themselves are currently only capable of producing 45 TJ/d."
We don't need additional gas processing plants. We hand the facilities capable of processing 65 TJ/d. All we need is the ability to supply an extra 15 TJ/day.
So it looks like you might be "... in excess of $100 million ..." off in your previous valuations. Happily its in your favour.
Cheers
Stoops
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