ATS 18.2% 0.9¢ australis oil & gas limited

Ann: Half Year Accounts and Appendix 4D, page-36

  1. 792 Posts.
    lightbulb Created with Sketch. 38
    supply is super tight - wild stat :

    crude build for the year 23m barrels
    Biden released 166 m barrels
    Strategic release ends next month.
    Strategic reserve lowest levels since 1984
    Biden wants to buy back at market to top up reserve in 2023 and 2024.

    Don't need to be a mathematician to work through those numbers.
 
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