Given the small flow rate and pre-payments I'd say it's likely AGL have rights to all gas produced over the time period, at least from Vali 1/2/3. But I agree we won't be privy to the commercial details which could be anything!
If VEN/MEL end up with surplus gas my opinion is another GSA is better - trading on the spot market takes more resources (VEN/MEL need a trading team) and there's no guarantee the price doesn't drop to less than $8-$10 over summer. BUT our summer coincides with the northern hemisphere winter so LNG and spot prices may still be very high. The bumpy road for gas markets have only begun I suspect!
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Given the small flow rate and pre-payments I'd say it's likely...
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $15.02M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $4.453K | 494.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3942500 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 5377162 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3942500 | 0.008 |
13 | 2623777 | 0.007 |
4 | 1630000 | 0.006 |
3 | 1300000 | 0.005 |
4 | 1900000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 5377162 | 4 |
0.010 | 8242794 | 9 |
0.011 | 5476469 | 10 |
0.012 | 2301663 | 7 |
0.013 | 1369232 | 2 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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