Justa, I reckon he has just pulled the number ($5.50) out of his backside. I have attached a short video released at the time the GSA was signed with Santos in which Colby advises "...as per our pricing guidance...$6 to $7..." per GJ (circa 50 sec in). Obviously an indicative price while observing commercial in confidence protocols
Further, I believe it is standard practice for these deals to be negotiated in US dollars and, of course, we do not know precise details on agreed currency exchange rates, CPI adjustments and gas price movements etc.
Spoiler alert: Wot, don't watch to the end as your blood will boil when reference is made to debt/equity.
- Forums
- ASX - By Stock
- Ann: TMK: Lucky Fox - 3 Drilling Completed
Justa, I reckon he has just pulled the number ($5.50) out of his...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TPD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online