Hi capital3157,
Potential SP triggers in 2023;
- Higher cash flow numbers than what I have guessed at due to a better $/GJ agreement.
- Solid, announced production numbers from Vali-3, Vali-2 from the Toolachee Formation in the 1-3mmscf/d range or higher. And continuing strong performance from Vali-1ST1.
- Gas Sales Agreement for Odin announced.
- Odin first gas by year end 2023.
If MEL can build a reliable cash flow based on predictable production performance, I believe it will rerate to a 3-5cent range.
Kind regards OldGeo
Hi capital3157, Potential SP triggers in 2023;Higher cash flow...
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| Last trade - 15.54pm 07/05/2024 (20 minute delay) ? |
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