Cash & receivables (AP confirmed these are due from Sonangol) $39.802m
3.37b x $0.022 = $74.140m
EV (extrinsic) = $74.140 - $39.802 = $34.338m = 3,135 barrels of oil x 365 x A$30 (U$68/bbl net / 0.6800 x 30%). Roughly put, about 62.7% of their estimated 2025 production from U1B.
Hoover em in I say.
Kit.
Ann: Webinar for Block 9 Update, page-86
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