PPP 0.00% 3.7¢ pan pacific petroleum nl

16.5c cash/share +1000bblpd+1c/share interest , page-29

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    1000bblpd * A$91.5 * 350= $ 31.8 million revenue

    When oil price = A$100/b (most likely)= $35 million revenue

    interest income= $5.5 million

    Total revenue= $36.8--40 million

    net profits= 31.8*0.7= *22.5million (before tax) -8 million tax= $14.5 million + 5.5million * 0.7(after tax)= $18 million

    = Roughly 3c EPS.

    When Oil price =A$100/b =Roughly 3.3c EPS

    I am not surprised to see a 1c-2c div before the half year announcement, suppose oil price steady at above A$90.

    good luck

 
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