eps 5 dollars 2008 2009 , page-4

Most EPS figures i have seen in research are old. I can't get bloomberg at the moment but I know commsec have been using the same figures since i bought in ages ago. But i saw the latest upgrades on a UBS report with Tapis at +92 aud for the Sept qtr. It had traded at approx 4usd per bl premium to Wti. on yestedays spot of WTI = 87, tapis = 91 (audusd.90 - i realise it was weaker), then aud tapis = 101per bl.

i expect at these rates the EPS could well be 4 - 5aud if you use rough gross numbers 30 000bls per day over 360 days a year. The big caveats are operating days and costs, tax etc. I dont have the time or the inclination to work that out right now (its 4.50am London time and I'm going back to bed).

adios and good luck aed faithful