Comet Ridge Ltd (ASX:COI)
A$ 0.155 -0.005 (-3.13%) Market Cap: 177.68 Mil Enterprise Value: 168.35 Mil PE Ratio: 0 PB Ratio: 2.38 GF Score: 40/100

Comet Ridge Ltd at Vertical Events RIU Good Oil & Gas Energy Transcript

Sep 07, 2022 / NTS GMT
Release Date Price: A$0.245
Tor McCaul
Comet Ridge Ltd. - MD

Thanks, Christine, and morning, everybody. Just before I start, we are in a trading halt for fundraising. And the only way I can come up here is I've had to promise my [co-sec] in blood that I'm not going to say any more than that. So we'll just focus on the business and we'll just let the fundraising go through the halt today.

So the other -- just before I start too, I'm one of two people here from Comet Ridge. Shaun Scott is here, who's one of our non-execs. Shaun is also Chairman of Noble Helium, so you'll hear from Noble Helium later. Shaun, some of you or a lot of you will know him from his days as CEO at Arrow. So if you can't grab me and you want to talk Comet Ridge, Shaun is here as well.

So I've only got 10 slides on Comet. I've got two on the market, which is sacrificial. I think everyone here knows what the East Coast market's doing; and if we don't get to them, we don't get to them.

Just to sort of set the scene, the light gray boxes here are the petroleum leases. This is where most of Queensland's gas production comes from: Arrow,

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