ETR 0.00% 0.7¢ entyr limited

Ann: Atzam Oil Project Update , page-7

  1. 267 Posts.
    How do you calculate this 3.7 mill??

    I worked out that CTR should have made 468k in operating profit since flow
    If this rate steps to 460 bopd then your looking at around 9 mill revenue per year or 5.5 profit. So lets say a fair mc would be 10 times the profit so 55 mill or about 3times current mc if they do indeed crank up the flow rate should be laughing

    This one seems to good to be true , what's the catch?

 
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