asic identify trading anomalies. is rrs short, page-33

dont forget also, in comparing RRS to AOI, that RRS will have other value attributed to off shore oil, plus all the mineral rights.

So while AOI get 80% of onshore, and RRS get 20%, RRS are likely to get X % of offshore, plus Y % of minerals etc.

So, I would tip that RRS should hold a MC of more than 20% AOI, but possibly 50%.

The offshore could be larger than the onshore, who knows.

Bottom line, is RRS is in the box seat.

And just for the oil, at 100/b, RRS cut is 10/barrel.

So, if the figure of 15 billion barrels of oil has been floated, thats 150 billion dollar in ground value to RRS.
Not sure if this figure is offshore included.
Anyone know?

I read a post a few weeks ago suggesting 400,000 BOPD could be a target to think about, 1 Million BOPD also pocked at with a stick.

So, at 10/barrel to RRS, on the lesser, thats 4 mill a day, thats just a bees little fella under 1.5 billion a year in revenue.

Whooooooooooooo!

30 what cents a share?