SGL ricegrowers limited

re: ian_whitchurch perhaps to answer? G'day IanCan you assist in...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
  1. 26,672 Posts.
    lightbulb Created with Sketch. 279
    re: ian_whitchurch perhaps to answer?
    G'day Ian

    Can you assist in any way with my question re CBM production costs here in Australia? I have seen costs of US$2.70 to $2.90 per 1000cf for CBM produced in America which leaves healthy margins compared to sales prices of US$6.00 to $7.00 per 1000cf.

    Profitability for Australian CBM worries me as it seems at least initial gas deals have been at sale prices of abt A$2.00! I am only interested in asx listed CBM plays operating in America and Europe and currently only hold EPG, having sold PGS yesterday.

    Poyndexter
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.