Blade2008
If you are anywhere close to being correct with your assumptions - knowing that the published average P/E Ratio for the oil/gas industry is 25.4 – this in turn means that the if the entire net income from production at Mahalo was distributed to shareholders – and I know this is a ‘big leap’ to take but purely for illustrative purposes – this would give an inferred value to our 40% of Mahalo once production is up and running of 25.4 x $23.36million = $593.34million
The $23.6million figure came from you calcs taking the 40 Terra-joules/Day production figure equalling $116.8million – deducting 50% production costs – then attributing 40% to us.
We could of course be bought out of our Mahalo interest before production – plus not all the net income from Mahalo will be paid out as a dividend – BUT - from where I’m sitting with the company having a market cap of just $192.8million – there’s one heck of a potential upside on the value of Mahalo alone should production be running at just 40 Terrajoules/Day when the expected initial production rate is expected to be 40 to 60 Terra-joules/Day and presumably rising from there with first gas envisaged in 15 to 18 months.
All looking good to me…
- Forums
- ASX - By Stock
- COI
- Mahaloo Gas Production Valuation
Mahaloo Gas Production Valuation, page-3
-
-
- There are more pages in this discussion • 6 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
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add COI (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $182.7M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $202.5K | 1.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 202716 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 270000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 162716 | 0.160 |
4 | 277419 | 0.155 |
5 | 435301 | 0.150 |
2 | 106889 | 0.145 |
1 | 185000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 270000 | 2 |
0.175 | 550527 | 3 |
0.180 | 408149 | 8 |
0.185 | 140000 | 3 |
0.190 | 32500 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
COI (ASX) Chart |