my calculator works, just not my brain. have asked admin to remove. double counted production costs.
also i was using 100%JV profit which is not the profit figure for teg.
you are right, at this production rate and POO of $80 they should bring in $10maud over the year, minus capex and exploration costs that ive ignored.
Ann: Binding Offtake Agreement Signed with BP Singapore, page-84
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