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1.85% 5.3¢ central petroleum limited

flow testing, page-30

  1. psi81
    6,334 Posts.
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    05/10/10
    11:38
    Post #: 7281570
    You're missing the difference between earnings and revenue.

    Revenue would be at $72/bbl or whatever the oil price is.

    Earnings are profit, so costs need to be taken into account. $30/bbl might be a bit generous there, other estimates I've seen for IGV are $10-15.
    CTP Price at posting: 45.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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