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Ann: Sole Gas Sales Agreements to commence on 01/01/2021, page-17

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  1. 4,980 Posts.
    lightbulb Created with Sketch. 1248
    In the Sept qtr COE had total revenue of $24.2M of which $21.8M came from 3.9 PJ gas (at $5.61/GJ)
    And of that 2.57 PJ (28TJ/day) came from Sole which is $14.4M

    Going forward
    We will produce at least 45TJ/day up to 68TJ/day
    At 45TJ/day (which seems to have been achieved 31Jan) that is 4PJ per quarter.
    Price will be higher than spot - say $6.50/GJ
    That would give us $26M per quarter (gas revenue up $11.6M on Sept quarter)
    Which is quarterly revenue of $35.8M ($143M per year)

    If they can sort out and get to $68TJ/day that's 6.1PJ per qtr which is $40M from Sole (gas revenue up $25.6M on Sept quarter)
    Which is quarterly revenue of $50M ($200M per year)
    (Basically double the rate of revenue in Sept qtr)

    Should be seeing some real stepped change in revenue this year!

    Screenshot_20210101-190502_Drive.jpg Screenshot_20210101-190534_Drive.jpg
    Last edited by tt2000: 01/01/21
 
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