http://www.copyright link/business/...-only-a-question-of-price-ubs-20170621-gwvacp
It's been a long time since I held COI... Previously had Arrow and Bow through to takeover.
The AFR article above is a little dated but UBS is forecasting east coast industrial buyers will need to pay $9-$11 a gigajoule for gas on average over the next five years, much higher than the typical $6-$8/GJ of recent years.
So if COI end up proving up 150 Petajoule P2 from Mahalo that would translate to about
150,000,000 x $10 = $1.5 Billion in saleable gas, delivered.
Of Course COI's % will be a fraction of that whether that is for example 40% still equates to $600 million.
That is not accounting for any Galilee Basin CSG, Northern NSW or Sandstone gas on top.
I can see the SP price possibly doubling from here (eventually) if the wells flow as expected.
SK60
- Forums
- ASX - By Stock
- COI
- Price of gas supplied
Price of gas supplied
-
-
- 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
Add COI (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $182.7M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $9.175K | 55.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 625465 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 129787 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 625465 | 0.160 |
4 | 206947 | 0.155 |
3 | 158951 | 0.150 |
1 | 100000 | 0.145 |
1 | 185000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 129787 | 4 |
0.170 | 551559 | 5 |
0.175 | 155000 | 3 |
0.180 | 634447 | 4 |
0.185 | 150000 | 4 |
Last trade - 11.56am 29/08/2024 (20 minute delay) ? |
Featured News
COI (ASX) Chart |