WCL
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0.00% 39.5¢ westside corporation limited

I was just looking back at the target's statement and WestSide's...

  1. 61226172
    27 Posts.
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    28/05/14
    19:29
    Post #: 13428930
    I was just looking back at the target's statement and WestSide's gas price figures. Using Santos' conversion factor of 1 GJ of sales gas = 0.172 barrels of oil the contract price can be calculated as:

    Gas price (US$/GJ)=$1.45+0.378*JCC*0.172

    not sure how important that is to anything but it's the first time i've come across one of the oil linked CSG contracts that allowed you to exactly work out the formula

    Warwick
    WCL Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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