birch npv, page-13

Cmon I feel to work out total OPEX , one still needs to break down the costs.
As you pointed out I am sure to have missed some costs, what I used was based off the 2011 Birch evaluation by Engineer William Mitchell.
you mentioned G@A, for me it is hard to break down the proportion that is project related and the proportion to pay for leather chairs at the board room, but if you have a figure I will plug it in for G@A and for any other costs missing.
I found it strange that the company was cashflow end of the first year to so welcome to be corrected in where I have gone wrong most likely!

The 100 well input was based on the last presentation where it said under the strategic pathway re Birch "potential 100 wells" but take your point unless the leases are all in a block and not just contiguous and they have also delineated boarder setbacks accurately then 100 wells may be a moving target.