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.
My maths was horrific, sorry - I was backwards with the...
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Mkt cap ! $6.383M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $3.054K | 508.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5304380 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 305646 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 1000 | ||
| Last updated 15.39pm 03/05/2024 ? | |||||
| MEL (ASX) Chart |