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.
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MEL
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My maths was horrific, sorry - I was backwards with the...
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.267M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.242K | 496.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 17714111 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 6914191 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 17714111 | 0.002 |
8 | 35000998 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 6914191 | 10 |
0.004 | 10479052 | 6 |
0.006 | 311675 | 1 |
0.022 | 91666 | 1 |
0.028 | 2400 | 1 |
Last trade - 11.39am 17/06/2025 (20 minute delay) ? |
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MEL (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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