Ann: Becoming a substantial holder, page-5

Not surprising.

There was an article in the Australian Newspaper a couple of days ago by Matt Chambers basically saying new gas is being contracted at $12 to $15 per gigajoule compared to current contract levels of around $3 to $4. Looking at the BassGas project that is currently producing around 21,ooo gigajoule per day net to AWE.
AWE will be recontracting BassGas later this years at the new contract price levels this will gives an uplift of around $250k/day.

Then there is Casino and Waitsia which are also on the launching pad.

AWE's last presentation showing production and income by 2021 is probably conservative.