Glazeb, are you for real?
They only just started production. The nature of the business is you have to invest upfront and the payback comes in a revenue stream as the oil is extracted and sold.
Two positives I'm taking from today's announcement:
- US$55 operating margin is excellent
- Moment of truth for NY is soon (next week sometime?)
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- SAE
- announcement out
announcement out , page-11
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