Don't forget an opportunistic buyer would still have to deliver a 68 TJ/d capacity plant for COE to send its gas to be processed.
What's a reasonable price for an underperforming asset? Not $200M. I daresay not $168M either.
NPV10 for 12 yrs at 45TJ/d at $1.15GJ processing fee is $130M .... Jake --> how sure are you on $1.15/GJ
NPV10 for 12 yrs at 45TJ/d at $1.65GJ processing fee is $185M.
It's really the cost of processing that dictates the $Value of the plant .... can it operate at 45TJ/d (annual avg) without additional Capex.
Don't forget an opportunistic buyer would still have to deliver...
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $272.0K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 457152 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17446 | 8 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |