supertramp,
I've always been positive about JW-1, as you'd know if you follow this forum.
The reason I said "Operating costs are almost equal to sale costs at such a remote location" was because somebody was trying to value the find using the 99% estimate and the current oil price!
By "almost equal" I meant the margin is going to be $20/bbl or so, not $80/bbl. Central's own estimate is, apparently, $15/bbl, according to dexter1. Regardless of what it is, it's going to be a LOT less than the current oil price.
I am curious as to why you would take a single comment of mine, twist it completely out of context so that it contradicts EVERYTHING else I've said about this well, and then say you're surprised I'm positive about it?
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central petroleum limited
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Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $45.16M |
Open | High | Low | Value | Volume |
6.1¢ | 6.1¢ | 5.6¢ | $114.2K | 1.939M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 202537 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 160263 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 202537 | 0.059 |
1 | 349987 | 0.058 |
1 | 99966 | 0.056 |
3 | 301000 | 0.055 |
2 | 500000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 160263 | 1 |
0.061 | 82522 | 2 |
0.062 | 50596 | 1 |
0.063 | 60556 | 1 |
0.064 | 278115 | 2 |
Last trade - 15.45pm 17/09/2025 (20 minute delay) ? |
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