depending on poo fluctuations, flow rates, expenses, fx nominal cash flow would be A$40,000-80,000aud or thereabouts in any given month, assuming that there is no fx&poo hedged offtake agreement.
It was a wise move for Norwest to increase their share in this, its getting to that size where it would be a natural attrition target for a smaller company like Norwest.
They could appropriately manage the smaller nature of the operation as production tails off and it is good exposure as a 'producer' to the re-rating that could take place in capital markets.
They could probably get Origin's slice for a song if they agreed to adopt land rehab costs - banking that you could eek it out for another 10 years (at a diminishing rate of return of course).
the real game in town, page-7
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