COI comet ridge limited

SUPPLY DEFICIT REITERATED - GAS CODE NEXT WEEK, page-4

  1. 836 Posts.
    lightbulb Created with Sketch. 150
    strange statement, why does gas need to be 30$ GJ?
    certainly not for COI to be profitable
    I've got it trading at 0.5 PE ratio currently on future earning (12$ profit per GJ @ 75 TJ/D)
    assumptions are
    25tj from north blocks 100 from main blocks
    JV to end up being 50/50
    15$ sale price with 3$ aisc = 12$ profit per gj
    would love someone with more knowledge to critique these figures as some I've pulled out of my ass (sales and costs)

    I see no reason when this is in production that it cant be reading at PE ratio of 5 giving us (based of the figures above) a long term target of $1.65
 
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(20min delay)
Last
14.0¢
Change
-0.010(6.67%)
Mkt cap ! $167.5M
Open High Low Value Volume
15.0¢ 15.0¢ 14.0¢ $150.0K 1.044M

Buyers (Bids)

No. Vol. Price($)
3 38513 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 619606 3
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Last trade - 16.10pm 26/06/2025 (20 minute delay) ?
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