I do not publish my detailed workings on hot copper. The NPV and indeed IRR depend critically on the assumptions you make about the productive life of the Walyering wells. You should know by now that I don’t believe that any of W5,6, and 7 are going to last any great length of time, that W6 may already have largely failed and that W7 is a dog.
STX Price at posting:
20.0¢ Sentiment: Sell Disclosure: Held
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