COI 0.00% 17.0¢ comet ridge limited

according to latest announcement mahalo south will produce...

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    according to latest announcement mahalo south will produce 60,000 Tj/ day and the plant capacity will be 80,000. We own 40% of south and 100% of north.

    above calcs assume $8 price of gas but forecast is $12.

    we should have reserves for 12 years at this flow rate.

    revenue is $128m a year and nPv of cashflow for 12 years is 875m at 10% discount rate. Not sure of costs to produce gas or build plant.

 
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