Hi everyone,
Just out of interest I started flicking through previous investor presentations and note the following from the 2015 investment presentation submitted on the 19 November:
Commercial Operation of ISG has been demonstrated at the following sites around the world:
* Angren, Uzbekistan - 60 years of operation
* Eskom, Majuba South Africa - co-firing power station with syngas
My comment: its a proven way of bring this into commercial reality!!
Another extract:
* gas production cost to rise from historical $2-3/GJ to long term marginal cost of $6-8/GJ
My comment: Its now $12/GJ....how time and demand has changed!!
Another extract:
* Commercial has production 2018/19 (assuming no major delays)
My comment:...gas flaring was projected to be in October 2016 and we have acheived it 2 years later. This doesn't change my opinion about the company. Clearly there were major delays and big hurdles to get over.
Another extraction:
* QLD investment Corp buys IONA 27 PJ gas storage (VIC) $1.7bn (40x- pre-tax earnings)
* Santos proposed takeover / current rights issue
* Mergers: Beach Energy with Drillsearch
My comment: WOW. WOW. WOW....watch this space.
Anther extraction:
* Blackouts in Adelaide recently
My comment: Wasn't that a pre-lude of things to come!
Another extraction:
* Current market cap of $46m equates to 46 PJ at $1:00/GJ in ground
My comment: today using the same math...$2,000 million (or 2Billion) equates to 2000PJ at $1:00/GJ in ground??
Final comments:
I found this historical investor presentation very insightful for today...believe it or not!
- Forums
- ASX - By Stock
- NRZ
- Reflections
Reflections
-
-
- There are more pages in this discussion • 13 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 NRZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NRZ (ASX) Chart |
Day chart unavailable
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online