ERH
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0.00% 2.9¢ eromanga hydrocarbons limited

will be huge!, page-21

  1. Spozzie
    2,443 Posts.
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    15/01/09
    10:57
    Post #: 4693784
    Yes cdch1 a breakeven would be USD13.48 per barrel after allowing 11% land tax and royalty and USD12 Opex. You are quite right of course no corp tax if there is no profit.


    ciggys you mentioned USD17 opex for production testing - longer term opex on production would be ??



    Spozzie
    ERH Price at posting: 21.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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