MEL 25.0% 0.3¢ metgasco ltd

Ann: Termination of Keybridge relationship, page-33

  1. 6,592 Posts.
    lightbulb Created with Sketch. 963
    My maths was horrific, sorry - I was backwards with the impurities...

    At 4 mmscf/d I'm getting 1.548 pj/a.
    MEL has a quarter share, so 0.387pj.
    Factor in 20% impurities and we have 0.3096 pj net to MEL per annum.
    At $13/gj that is $4m, so ~$1m per quarter.
    That means 6mmscf/d = ~$1.5m per quarter.

    MEL was not netting this amount at O1 as uptime was only around 2/3. That will likely be th same at O2.
 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
-0.001(25.0%)
Mkt cap ! $4.342M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $301 100.2K

Buyers (Bids)

No. Vol. Price($)
9 7966665 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 9273848 12
View Market Depth
Last trade - 10.04am 23/08/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.