TEY 0.00% 3.5¢ torrens energy limited

Yes Beermee - I think you have been conservative1 gigajoule of...

  1. 3,102 Posts.
    Yes Beermee - I think you have been conservative

    1 gigajoule of electricity is sold (retail) for about $500
    (ball park )
    multiply that by 780,000,000,000 GJ

    and you get the "potential" value of TEY reserves
    - a ridiculously large number

    But Of course - how much is recoverable and how much Nett margin can TEY achieve

    Even if TEY were to only recover 0.1 percent of the energy reserve and achieve a puny margin of 0.1 percent it would have stillearnt $390 million

    Given the Temperatures seem more than adequate and near existing infrastructure I don't think we are being too optimistic.

    Of course it is not guaranteed but the potential upside is worth the risk IMO - it could pay-off big - very big OR .....it might fail


 
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