AJQ 3.13% 3.1¢ armour energy limited

Ann: AGM Presentation, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 217 Posts.
    lightbulb Created with Sketch. 8
    Interesting stuff. So our total storage relative to how fast we can move it is huge. Ideally I imagine you would like to be able to channel the entire Kincora production nameplate 20TJ production capacity per day into storage in times of low spot market pricing as has also been indicated in previous presentations.

    Effectively 7.5PJ provides us with capacity to store an entire years production at nameplate capacity.
    365 X 20TJ = 7300TJ/7.3PJ. However without investing in the speed in which you can inject/draw you are going to be limited in your ability to respond to pricing imbalances in the market fast enough to take advantage of them. I wonder what change in this rate they have in mind at this stage? All a balance of how much you can make in arbitrage vs the CAPEX required to bring up that rate I suppose.
 
watchlist Created with Sketch. Add AJQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.