ERH eromanga hydrocarbons limited

59, page-16

  1. 2,499 Posts.
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    problem is erh is not a domestic producer and what is starting to worry me is that at some point soon the cost of extracting the oil in Brazil will be greater than the return on the sold product once all costs have been accounted for.
    if this happens, which it will, if the price keeps dropping, then we can say 'forget about it' because there will be zero chance of success.
 
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Currently unlisted public company.

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