CE1 12.5% 0.9¢ calima energy limited

Share Price Catalysts, page-1574

  1. 1,577 Posts.
    lightbulb Created with Sketch. 298

    i havnt seen any change to the often quoted 2024-2025 lng canada startup, and decision on doubling capacity
    here's a link to another recent quote
    https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/052522-interview-geopolitical-tensions-revive-asias-appetite-for-canadian-lng-alberta-minister

    also, direct supply to lng canada isnt the issue...lng canada will take 3-4 bcf out of the local market...and so a rising tide will lift all boats, as it did in qld and elsewhere

    the recent vermillion leucrotta a$510m for half property and 28k boepd deal shows the recent commercial interest/value

    obviously recent gas and condensate prices make these desirable projects for $ returns, and both have only firmed higher since the leucrotta deal

    on lower gas and condensate prices, Vermillion quoted >c$200M annual FCF from their 28 kboepd project plan, peters summary show ce1 22-24 kboepd project
    at current prices, thats likely >c$400m annual FCF

    to get to production, I think Freeman mentioned $12-15m to do the pipe, so maybe minimum $20-30m to tie in and startup small with pre-drilled wells to hold leases

    as ce1 announced, they could probably do a cheap deal tomorrow...but how long do you wait for the right deal???


    Last edited by retorn123: 20/07/22
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.001(12.5%)
Mkt cap ! $5.700M
Open High Low Value Volume
0.8¢ 1.0¢ 0.8¢ $100.8K 10.85M

Buyers (Bids)

No. Vol. Price($)
2 772763 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 2713985 7
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
CE1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.