Lets say that the co, is making roughly 200M a year at 6000bopd net to cvn.
With tax and expenses they only make 25% profit. Thats $50m a year clear profit. compare that with a lot of aussie companies and it doesnt look to bad in the current economic climate when most are struggling to make a profit.
My aim is to perhaps have as many shares as i did last year, pre multi hits into NSE.
There is imo an opportunity that is bieng presented in the current climate that could be described as, golden.
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Lets say that the co, is making roughly 200M a year at 6000bopd...
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