Tri is right, we have put this out in announcements and newsletters to death.
Condensate is our only revenue at present. We are fulfilling our first tranche to Alcoa for the $25 million in their Forward Gas Sales Agreement.
The optimum rate of gas through the Facility is expected at 8TJ a day as stated in the recent West Australian newspaper article. The Facility is currently processing approximately 450-500 barrels of condensate per day. I cannot inform you what we are supplying BP with or Alcoa as these are confidential.
I cannot inform you of the likely payback timeframe as that depends on processing rates, whether there would be any problems with the Facility or the pipeline etc.
EGO Price at posting:
1.7¢ Sentiment: None Disclosure: Held
