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1.96% 5.2¢ central petroleum limited

I think they know. IPL use (I think) upwards of 13PJ/annum or...

  1. justinmetals
    1,934 Posts.
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    20/06/18
    14:42
    Post #: 33829137
    I think they know.

    IPL use (I think) upwards of 13PJ/annum or approx $130M per annum at current global prices. $20M is but a drop in the ocean compared to buying regasified LNG from twiggy!

    If they can get gas for $8/GJ then thats $26M saved. Drilling paid for with 1 years savings
    Last edited by justinmetals: 20/06/18
    CTP Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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