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Ann: Vali and Odin Operations Update, page-32

  1. ggwill
    2,786 Posts.
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    12/07/23
    12:32
    Post #: 68747441
    I had a go with the calculation and got the following numbers:

    If Vali 1 produces 3TJ (~2.84 million cubic feet) processed gas per day, it would be equal to 3,000GJ per day.
    At $6 a GJ, it would be $18,000 a day.
    It would be 18,000*90=$1,620,000 per quarter for the joint venture. MEL's share would be $405,000 per quarter.

    Assumptions: net profit margin is $6 per GJ, and the prepayment is ignored.



    MEL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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