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9.09% 4.8¢ state gas limited

Ann: Rougemont Production Testing Update, page-15

  1. Norgate
    13 Posts.
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    19/04/23
    16:27
    Post #: 67359440
    So a well with the flow characteristics, as outlined, generates revenue of approximately $10,000 per day. Extrapolation of this income stream suggests then for the company to have EBITDA per annum of $100M does this not imply that at the very least some 40+ wells are required.

    Obviously this is a "straight line" extrapolation of the stated revenue stream from one well, however just a thought.

    GAS Price at posting: 26.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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