NDO 0.00% 77.5¢ nido education limited

Pleb, I was just mucking around with those figures you say are...

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    Pleb, I was just mucking around with those figures you say are in the presentation, and it's quite funny how it works out on the current FX...

    12,500 bbls/d x 7 = 87,500 bbls/wk
    87,500 bbls x US$50 = US$4.375M/wk
    US$4.375M/wk x 22.279% = US$974,706/wk
    US$974,706/wk = AUD$1.368M/wk (note that US figure)

    Now, lets include the Gov. (during payback).

    12,500 bbls/d x 7 = 87,500 bbls/wk
    87,500 bbls x US$50 = US$4.375M/wk
    US$4.375M/wk x 70% = US$3,062,500/wk
    US$3,062,500/wk x 22.279% = US$682,294/wk
    US$682,294/wk = AUD$957,667 (note that AUD figure)!

    So, as a short cut to be in the ball park with an AUD gross revenue figure for NDO, just use the first calculation method, but replace the US$ sign with AUD!

    By the way p1K, I thought you said NDO didn't put any spin on anything!
 
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