According to the quarterly, the gas should be flowing from all the Vali wells by the end of November. The minimum amount of gas to be sold to AGL is 9PJ. At $10 per GJ, it is worth $90 million dollars. The pre-payment is only for $15 million which means around %17 percent of the total gas will go towards covering the pre-payment and the rest will be sold at the agreed price.
Another GSA may come from Odin with another prepayment or MEL may borrow money like VEN. Hopefully, no cap raise at this price.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.674M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 16630498 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10381720 | 9 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable