COI comet ridge limited

strange statement, why does gas need to be 30$ GJ?certainly not...

  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
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $173.4M
Open High Low Value Volume
15.0¢ 15.0¢ 14.0¢ $63.89K 437.9K

Buyers (Bids)

No. Vol. Price($)
8 104928 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 162493 3
View Market Depth
Last trade - 14.32pm 26/06/2025 (20 minute delay) ?
COI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.