We dont have the coin, just read the last report, specially the message from the ceo, same old spiel.
"""Revenues over the quarter were below expectations, down 14% from the previous quarter due to softspot gas prices and production constraints caused by outages at the Northern Gas Pipeline (“NGP”).Whilst we don’t consider these conditions to be long-term, outages on the NGP have continued into theDecember quarter due to a combination of lower offshore gas supply into the Northern Territory (“NT”)and unplanned maintenance for major gas customers utilising the NGP"
"Sales volumes: were 2.5% lower than the prior quarter at 1.25 PJe (Petajouleequivalent) due to a temporary outage of the Northern Gas Pipeline in August.• Unit sales prices: average realised prices across the portfolio were $7.41/ GJe (Gigajoule equivalent), 11.5% lower than the June quarter, due toweaker spot gas prices.• Sales revenue: $9.2 million, down 14% on the prior quarter, reflecting thelower volumes and softer gas prices.• Positive operating cash flow of $2.7 million before debt service andexploration ($2.2 million after interest costs).• Cash balance at the end of the quarter was $12.5 million, compared to the$13.8 million balance at 30 June 2023. Key cash flows included:"
CTP Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
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