COI 3.03% 17.0¢ comet ridge limited

Mahaloo Gas Production Valuation

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    Hi

    Does anyone have an idea of revenue and costs of mahaloo operation.


    my assumptions
    development: cost unknown
    intial revenue estimate:


    40 Terrajoules / Day
    1 Gigajoule = $8
    1 terra = 1000 giga

    40x1000x$8x365 = $116.8m
    80 terra= $233m
    120 = $350m

    so 40% of this would be ours every year.

    I don’t know what costs are but presentation says it’s a low cost field so I assume 50%.=~

    also gas is tight and could increase to 12$


 
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