Well I have had a crack at estimating revenue based on those US figures and as I dont know how to post an excel spreadsheet I have done a cut and paste.
Hope some one can critique my logic and hope I have got all my zeros in the right place. email me at [email protected] if you want the Excel spreadsheet.
Perhaps I should send it to MOS for comment.
Errors and Ommissions are all mine...!!!!!
Silver Springs Revenue Projection All Figures AUD No Allowance for 4th factor of Fuel Reimbursement Charge of 2.44%
MSQ 45 PT MSQ=Maximum Storage Quantity
Reservation Charge 0.47265625 mmbtu per month of MSQ Injection Charge $0.01270 mmbtu Withdrawal Charge $0.02213 mmbtu
Assume 4 cycles per year so inject for 60 days, withdraw for 30 days
Injection
1/60th 0.0166666 Injection Factor
0.749997 MSQ x Injection Factor 1000000 GigaJoules 749997
$9,524.96 60 $571,497.71
Withdrawal
1/30th 0.033333 Witdrawal Factor
1.499985 MSQ x Withdrawal Factor 1000000 GigaJoules 1499985
$33,187.17 30 $995,615.04
Total 90 day Revenue $1,567,112.76 4 Cycles per Year $6,268,451.03
Reservation Charge (45000000 mmBTU)
per month $1,772,460.94
Months of Reservation 12 $21,269,531.25
Total Yearly Revenue $30,672,207.80
NPBT Assume 30% margin ? 0.3 $9,201,662.34
MOS Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Held
