NSE 0.00% 0.4¢ new standard energy limited

Ann: Quarterly Activities and Cashflow Report, page-4

  1. 682 Posts.
    lightbulb Created with Sketch. 300
    Maybe it's cos they are reporting bullsh#t?
    Did you not see they quote NPV's based on 10% discount rates when they are more like 18%?
    They don't provide any other assumptions on overheads included either.
    NSE is most likely not going to last past the end of next year at this rate.
    Could be quicker depending on oil prices. I'm sure the debt agreement would have something to do with a floor price / interest cover ratio covenant. Once they're not covering that, it's all over.
 
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