CTP use of NGP Capacity, page-18

The discussion was never back to front Ash, in fact myoriginal question in the first post of this thread was “How much gas do we haveavailable to put down the NGP however?”. This was never a reference toreserves, but plant and delivery capacity.

Going thru previous announcements I have gleaned thefollowing:

- Mereenie upgrade is underway ($12m for completion by01Dec2018 per 11Apr2018 Mereenie ann), with sales gas available of 29TJ/d (CTPshare; refer 21Mar2018 ann).

- Palm Valley upgrade underway with sales gas available of 20TJ/d(refer 11Apr2018 PV ann)

- Dingo has installed gas capacity of 5TJ/d (refer  25Nov2015 ann)

The above all align with the capacity described only 3months ago on Slide 4 of 12June2018 ann, which indicated a total availablecapacity target of 54TJ/d (19.6PJ/yr).

So once again, why on Slide 3 of the recent 19 July 2018ann. is only 15.43PJ/year (42.3TJ/day) the current target? What happened to 54 –42.3 = 11.7 TJ/d (4.3PJ/yr) of previously forecast gas sales, worth approx.$38m/year in revenue (at $9/GJ)?

 

Sensitive souls are taking my questions as some kind ofveiled criticism of RC, or being negative on the company, which is not thecase. Just trying to get to the bottom of how much gas we are forecasting tosell in the coming financial year. If nobody here can explain it better, thanimagine most current & potential shareholders can’t either. Having a “let’swait and see” approach helps explain the current share price I guess…