News: Westside Corporation present at the Noosa M, page-10

re: News: Westside Corporation present at the... "...$1.7 million dollars per DAY !!..."

if we were doing 60TJ/d thats 60,000gj/d at $8/gj = $480,000 p/day x 51% = $245,000 p/d to WCL revenue.

the $1.787 Billion is over 20yrs.

so WCL would be earning revenue of $89.4m p/a.
Costs of production at $2 gj means WCL Gross Profit of $67m p/a before you take out depn, interest , admin etc.

So you would think WCL would net at least $50m p/a ?

SO that makes the LNG offer of $188m for the whole coy pretty miserable imo.

$188m for a coy which may well have $89m revenue in a couple of years? Bargain!