Thanks Galileo,
From above -
Costs per bbl US$
50 = Aust$0.21 cents per share
25 = 0.29
15 = 0.32
If they already estimate costs on Galoc at US$10.44 then it seems reasonable if SC54 costs are US$15 to US$25 bbl we see a value impact on the SP in the high 20's.
Look forward to a major correction should something actually happen.
sandy, page-5
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