COE 1.11% 22.8¢ cooper energy limited

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

  1. 4,676 Posts.
    lightbulb Created with Sketch. 1231
    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
 
watchlist Created with Sketch. Add COE (ASX) to my watchlist
(20min delay)
Last
22.8¢
Change
0.003(1.11%)
Mkt cap ! $600.6M
Open High Low Value Volume
22.5¢ 23.0¢ 22.5¢ $119.8K 530.0K

Buyers (Bids)

No. Vol. Price($)
18 814440 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 950308 30
View Market Depth
Last trade - 14.02pm 24/05/2024 (20 minute delay) ?
Last
22.8¢
  Change
0.003 ( 1.07 %)
Open High Low Volume
22.5¢ 22.8¢ 22.5¢ 115016
Last updated 14.14pm 24/05/2024 ?
COE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.