We dont know size of resource so applying a 10 PE is very generous. Nor do we know what price the gas will in fact be sold at. Potentially much lower prices in the domestic market. I'm attributing a miniumum of $20m until we know more.
I'm hoping the resource will be much larger than orginal estimates - signs suggest this to be the case - and that KEY can earn the so-termed industrial price for its gas. I kind of think it's not silly to think there's at least 50% chance of the ultimate NPV being more like $40m but I'm not banking on more at this stage
- Forums
- ASX - By Stock
- KEY
- valuation question
valuation question, page-18
-
- There are more pages in this discussion • 14 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
Add KEY (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KEY (ASX) Chart |
Day chart unavailable