gaby
Its the STO deal with Petronus .. they have sold reserves of CSG for the LNG plant in Gladstone to Petronas. The valuation of the deal was at a new record rate of $4.91/GJ. They paid $2.008 billion for 558PJ 2P reserves and $1.65/GJ for 3P. On that basis my VERY quick and rough estimate is that the ~ 3,000PJ that OSH will commercialised via the LNG plant in PNG is worth a heap more than the current market cap .. as much as 2-3 times (particularly if you throw in the 3P).
H
- Forums
- ASX - By Stock
- huge riise today
**yIts the STO deal with Petronus .. they have sold reserves of...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated