FAR 1.05% 48.0¢ far limited

Bell Potter, page-19

  1. 5,721 Posts.
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    Am I the only one where that statement made no sense?

    150,000 barrels a day and 330 operating days (do they get a month off?) is close to 50 million barrels or close to 7.5 million barrels to "FAR" (their share) per year.

    Not a bad figure at all as the 150,000 per day is just at start up.

    Profit will of course be determined by our costs to extract and the price of Poo at production (which appears to be heading back to the $100 range in the next few years)
 
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