re: Ann: HZN: Maari Dev drilling update_11 Ma... Shrewd,
"I have just read that Maari Production costs have now increased to $30US per barrel, with the Union pay rises (strike threat), and higher overall costs..."
Might be worth doing a reality check on that $30/bbl.
If we produced 8 mmbo pa (22kbopd) for the first few years, USD 30/bbl would be USD240mm pa costs. That's A LOT OF UNIONISTS with Wall Street pay rises.
EL
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