Finally a post with substance.
I question your netback figure of $65. I recall working out netback for A4 for 9 months of production and stood at $35 per barrel.
Based on last qtr financials, netback equates to $28 per barrel based on 60% of the 14,000 odd barrels of production and the financials as read.
Given POO has declined some $20-$25 per barrel since last QTR I would expect netback to currently be sitting at circa $5-$10 per barrel.
As I said before, don't be surprised if A4 gets shut in.
Note: Netback = Gross Revenue - Production Costs
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