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Ann: ATZAM OIL PROJECT UPDATE , page-10

  1. strongy1986
    267 Posts.
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    30/09/13
    17:55
    Post #: 12389764
    The storage is going up to 16000 barrels ( from 9000)

    So if they flow this at 466 bopd after gas dissipates then its pretty close to 16,000 a month

    Anyway 466 * 60% * $65 * 365 = 6.6 mill net profit to CTR

    Repeat this with atzam 5 and we have made our current MC with one years profit. I reckon if all go's to plan we will see 10 cents in the next 6 months
    CTR Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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