supertramp,
I've always been positive about JW-1, as you'd know if you follow this forum.
The reason I said "Operating costs are almost equal to sale costs at such a remote location" was because somebody was trying to value the find using the 99% estimate and the current oil price!
By "almost equal" I meant the margin is going to be $20/bbl or so, not $80/bbl. Central's own estimate is, apparently, $15/bbl, according to dexter1. Regardless of what it is, it's going to be a LOT less than the current oil price.
I am curious as to why you would take a single comment of mine, twist it completely out of context so that it contradicts EVERYTHING else I've said about this well, and then say you're surprised I'm positive about it?
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central petroleum limited
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Last
5.5¢ |
Change
0.003(5.77%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.4¢ | $4.086K | 75.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 622641 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 128430 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 622641 | 0.053 |
3 | 556468 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 128430 | 1 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 196447 | 1 |
0.060 | 150000 | 2 |
Last trade - 15.44pm 18/07/2025 (20 minute delay) ? |
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