With all this talk of cash requirements it got me thinking about our outstanding options, although I doubt they will help us in the near term.
According to the Annual Report (18(f)) there was a 15M tranche that would have expired 2 weeks ago that at 50c would not have been taken up, and there is another 16M which will likely expire in the coming month that I doubt will be exercised. Only another 40k at 60c in the rest of the FY.
Imagine if we can prove up enough revenue from the existing production from Santos’ 50% that it would cover the interest, suspect Macquarie would perhaps like a bit more action… must admit I’m not keen on further dilution though.
In other good news, seems the GLNG project delivered it’s first shipment of LNG today…
http://www.copyright link/business/energy/gas/santos-ships-first-cargo-from-glng-venture-in-qld-20151015-gkagqb
“Santos's most senior executives and Queensland Premier Anna Palaszczuk have hailed the departure of the first liquefied natural gas cargo from Santos' $US18.5 billion ($25 billion) GLNG venture as a milestone in the emergence of Queensland as one of the world's biggest gas exporters, despite the slump in prices that has slashed expected revenues and royalties from initial deliveries.
The Seri Bakti, carrying a cargo worth about $40 million, sailed from Curtis Island in Gladstone harbour on Friday morning, starting a 10-day journey to Incheon in South Korea. The LNG buyer, Korea Gas Corporation, the world's biggest importer of the fuel, is a 15 per cent owner of the GLNG venture, which started production last month.”
- Forums
- ASX - By Stock
- Santos Grand Sale
With all this talk of cash requirements it got me thinking about...
-
-
- There are more pages in this discussion • 7 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
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.5¢ |
Change
0.005(10.0%) |
Mkt cap ! $40.70M |
Open | High | Low | Value | Volume |
5.0¢ | 5.5¢ | 5.0¢ | $90.54K | 1.810M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 347403 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 449999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 347403 | 0.050 |
1 | 200000 | 0.049 |
1 | 847077 | 0.048 |
2 | 410000 | 0.047 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 449999 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
0.062 | 80000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
CTP (ASX) Chart |