aed sinopec joint venture...60pct sinopec, page-64

Silentpartner,

You have AWE 42.5% share of 50,000 bpd valued at $826m.

AED can only manage 6000 bpd which is about one eighth of the above.

This is what will impact on the share price once the dust settles next week. Remember what happened to the HDR price when they had production running below plan.

A producer will get valued on production revenue which is low at the moment.