PekingDuck3 Nov 2022 14:48
I'm taking a liberty copying in PekingDuck's earlier contribution.
Notice he was one of the first to notice production 12 months earlier.
Unlike Bullfrog, he questions the logic of selling early.
Posts: 524
Price: 1.025
No Opinion
RE: 3D seisimic...Tue 09:51
Thanks McH, so 140mmscfd is going to be in the region of $180m/per annum. And Aminex's share of this is 25%, with practically no costs to cover for production.
And the revenues for the 60mmscfd now look like they start kicking in during Q1 '2024, 12 months earlier than expected yesterday. The NPV of the cashflows for that year alone should actually mean that the share price goes up on this news.
I'd question the logic of anyone selling today.
Be interesting to get a 5 years DCF calculation on Aminex revenues from 2024 onwards.