Thanks Deus bit more for me to look at on the LNG pricing front...

First 93 Last

Share
Profile

Follow
Thanky

2,371 Posts.

229

02/07/18

11:41

Post #: 34079619
Share

Originally posted by Deus_EX_102 ↑

1. The "unlikely" scenario of $3 per share is based on $1.17/GJ 2P when LNG was $20/GJ and Brent was $145/bbl. However, AWE was taken over recently with minimum bids at $1.45/GJ recently in the perth basin in our more "subdued" environment.

2. Previous testing didn't work. But approximately $90million was spent on that testing by previous operator in order to gather knowledge on the way forward, hence the multilateral pilot now running and the discovery of high quality coals.

3. Jemena have signed binding agreements to build a pipeline from Mt isa through the Galilee basing to the east coast. The Galilee is in the middle of nowhere. The only way Jemena wouldve signed it with Galilee is if they had a high degree of confidence they would find significant gas.

4. The Board are resetting their placement limits. A capital raising would be at a very good price. Expect 10's of $millions, not single digit millions

5. Never heard of Minervini.

Cheers Deus

Expand

Thanks Deus bit more for me to look at on the LNG pricing front and valuations, cheers for the head start.

On the pipeline I thought it was an MOU rather than a binding agreement as such.

If they can get the testing right and prove up the resources I'm sure the pipeline will come one way or another.

GLL Price at posting: 46.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 79 more messages in this thread...

First 93 Last

Add GLL (ASX) to my watchlist

(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $5.757M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$84	6K

Buyers (Bids)

No.	Vol.	Price($)
1	124618	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	1900008	2

View Market Depth

No.	Vol.	Price($)
1	799703	0.012
5	644898	0.011
3	600000	0.010
3	611112	0.009
2	185000	0.008

Price($)	Vol.	No.
0.013	70000	1
0.014	48500	1
0.016	100000	1
0.018	27000	1
0.019	525237	3

Last trade - 15.57pm 22/11/2024 (20 minute delay)

GLL (ASX) Chart

Thanks Deus bit more for me to look at on the LNG pricing front...

Top Stories

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Sales growth pushes Lovisa's fortunes (and shares) upwards

Scientific conference spotlights PYC's work on blindness disease treatment

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Buyers (Bids)

Sellers (Offers)