ADE
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0.00% 19.5¢ adelaide energy limited

Thanks thrummy."They have a break even of c. $3.20/mmbtu or GJ...

  1. amok
    3,028 Posts.
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    17/06/11
    19:40
    Post #: 8554550
    Thanks thrummy.

    "They have a break even of c. $3.20/mmbtu or GJ but more importantly, **this is inclusive** of land acquisition costs **and** 25%-30% royalties."

    Can someone explain this further please. Does this mean that they are aiming for $3.20 as a minimum valuation of gas? thanks

    amok
    ADE Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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