Love the way you calculate the price of a gas line (because you’re no doubt an expert in that as well as harvesting techniques and finance in general) and it becomes gospel.
Turns out I actually do know a few things about gas pipelines. $AUD28,500 per inch of diameter per kilometre is a reasonable estimate. So 350km of 2” pipe is $20m. Quite a big difference!
And remind me why there’s a 25% potential increase on a figure that already contains a 20% contingency? Oh, you missed that too?
And I think we’ve been through who is using the fishy revenue number enough for today.
It’s not too late to sell your RWD shares boys, MR will buy them!!!
Ann: Pre-Feasibility Study Completed for Mackay SOP Project, page-40
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