russian gtl, page-20

Szaba
"Any net operating profit (after all operating costs excluding development) will be positive to the Australian parent bottom line. If there is a shortfall or a surplus then this will be bad/good respectively"

I've never disagreed with that, although I can't see why you exclude development costs.

The bit I didn't like is when both you and Dan make a post saying Revenue will be up as the AUD drops but you both fail to mention that costs also go up.
In my mind that's deliberate ramping when you only tell one side of the story.

I would also say that if the AUD continues to weaken it is likely that the oil price will also weaken so the NET impact will be negative.


Must admit very surprising buying on the close, some people must have more dollars than cents or is it sense.
My guess is a bit of short covering just took place.