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!
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In the Sept qtr COE had total revenue of $24.2M of which $21.8M...
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