RE: Positive start25 Feb 2021 10:16
Megla - my calculations are also very rule of thumb, and based upon the total capacity of the confirmed gas volumes at a median price per therm which has a seasonal swing over a 10 year estimated life. If the 30p target is attained around the scheduled time of first gas and smooth delivery to the National Grid follows, the ensuing income stream and market endorsement encourages my forecast for 40p for early 2022. With the prospect of acquiring added resources, pipeline rental income etc. this may well be on the low side- as you suggest. In which case, I will be delighted for the correction!