Yeah i thought around $9-10/GJ well head price - given My Isa is probably paying $12.50/GJ to source from Moomba. Moomba would price around $11/GJ to ship to East Coast for $12/GJ.
$10/GJ would still be an uplift - especially given pipeline costs around 60c. That would put sales margins above $4/GJ versus the $2.64/GJ we saw in the half year reporting. That should translate to an EBITDAX of $20m or 2.5cps - still enough for dividends and further exploration.
Yeah i thought around $9-10/GJ well head price - given My Isa is...
Add to My Watchlist
What is My Watchlist?
