AJQ 0.00% 10.0¢ armour energy limited

What a great feeling it is to have stopped being a money pit and...

  1. 1,979 Posts.
    lightbulb Created with Sketch. 158
    What a great feeling it is to have stopped being a money pit and now making money. Well done management .
    Hunter, as far as estimates go with price of gas sold I get the following:
    $2.6M (on top of oil sales).
    3 months @ 5Tj/d = (90 × 5) = 450 Tj
    $2,600,000 ÷ 450 = 5.77
    So, my estimate for the discounted sales to APLNG is $5,777 per Tj or $5.77 Gj
    This is slightly more than my blind estimate of $5.
    Remember though that this was for flexibility of time and delivery while we got everything going again.
 
watchlist Created with Sketch. Add AJQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.