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Long Shortz with Comet Ridge: $12M towards a strained Aussie gas market

Comet Ridge’s managing director Tor McCaul joins Sarah Hughan on Stockhead TV to talk about the company’s $12M capital raise for the Mahalo Gas project.

Stockhead’s Sarah Hughan sits down with Comet Ridge (ASX:COI) Tor McCaul managing director to get the short end of the long story on the company’s latest news.

The company raised $12M to advance its FEED study with Santos (ASX:STO) for the Mahalo Gas Hub project in Queensland.

It's also progressing production test work at Mahalo East and environmental and development approvals at Mahalo North.

Tune in to hear Comet Ridge's Tor McCaul on how the money will be spent, Mahalo's prime real estate, and more.

This video was developed in collaboration with Comet Ridge, a Stockhead advertiser at the time of publishing.

The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.

Original URL: https://www.theaustralian.com.au/business/stockhead/content/long-shortz-with-comet-ridge-12m-towards-a-strained-aussie-gas-market/news-story/7cb411db001d145ee47f252dc8f5768e