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An update from Comet Ridge Ltd ( (AU:COI) ) is now available.
Comet Ridge Ltd has reported significant progress in its Mahalo Gas Hub projects during the September 2025 quarter. The company, in collaboration with Santos and Jemena, is advancing the Front End Engineering Design (FEED) for upstream and pipeline facilities. Notably, the Mahalo East project received independent certification of substantial gas reserves, and a final investment decision is anticipated upon FEED completion. These developments are expected to enhance Comet Ridge’s operational capabilities and strengthen its market position in the Queensland gas sector.
The most recent analyst rating on (AU:COI) stock is a Buy with a A$0.21 price target. To see the full list of analyst forecasts on Comet Ridge Ltd stock, see the AU:COI Stock Forecast page.
More about Comet Ridge Ltd
Comet Ridge Ltd operates in the energy sector, focusing on natural gas exploration and production. The company holds significant interests in the Mahalo Gas Hub area in Queensland, Australia, with projects close to existing pipeline infrastructure and major gas demand centers.
Average Trading Volume: 420,149
Technical Sentiment Signal: Sell
Current Market Cap: A$155.5M
See more data about COI stock on TipRanks’ Stock Analysis page.