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3.13% 3.1¢ armour energy limited

Update Scientific enquiry hydraulic fracturing NT, page-6

  1. rmkpro
    217 Posts.
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    12/02/17
    22:43
    Post #: 22555067
    The maths is good.

    3.3pj(phase 1 production) X 16gj(spot market price) = $52.8 mil

    Obviously ambitious to assume such a great spot market price will carry forward however the Newstead storage facility will allow the chance to maximise revenue in times of supply/demand imbalance. Roll on June 17.
    AJQ Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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