rough valuation, page-12

Trader,

Sure I can do the calcs myself, but why bother when AUT have already laid it out for us in their March 8th presentation.
I have no new information other than the numbers they have given us, so why make them up?

They state quite clearly that they expect their share of production to approx 2800boepd mid year and 5000boepd at year end (net of royalties), but you have chosen 9480 boepd for the whole year. How do you reconcile that.
You say it's impossible to predict cashflow, well, that's exactly what AUT have done on page 28 of the report. Which is -61m (Cash from operations - Capex) compared to your figure of +116m. That's out by 177m. That's some error.

I don't need to justify the numbers in AUT's report, but I do claim the right to point out when people make ludicrous claims which are not support by facts published by the company. I think you need to exercise a little more care before you bandy numbers about.