AJQ 3.13% 3.1¢ armour energy limited

What a great feeling it is to have stopped being a money pit and...

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  1. 1,504 Posts.
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    What a great feeling it is to have stopped being a money pit and now making money. Well done management .
    Hunter, as far as estimates go with price of gas sold I get the following:
    $2.6M (on top of oil sales).
    3 months @ 5Tj/d = (90 × 5) = 450 Tj
    $2,600,000 ÷ 450 = 5.77
    So, my estimate for the discounted sales to APLNG is $5,777 per Tj or $5.77 Gj
    This is slightly more than my blind estimate of $5.
    Remember though that this was for flexibility of time and delivery while we got everything going again.
 
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