PPP pan pacific petroleum nl
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In reponse to a question on the brainwave thread, which was...

  1. ronstieb
    9,340 Posts.
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    05/12/08
    13:17
    Post #: 4576347
    In reponse to a question on the brainwave thread, which was getting a bit long....

    The illustration below from the NZO agm preso is hard to convert to current day oil price and exchange rate but my guess is breakeven for future Tui production requires an oil price ~USD35/brl

    from NZO chairmans address 29-10-08
    "Let's remember that the Tui development investment decision was made on the basis of a US$40 oil price...."


    PPP Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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