Systematic28: "they say Indo breakeven (I think) is about A$50/b and Aust (C/B) about $30 or $35/b"
Not sure on those prices mate. Thought was $34/b locally Q4 2014, then company cost cuts (due to low PoO) streamlined it to $28/b in Q1 2015.
Also Indo seems expensive at $50/b considering cost of labour etc. Maybe transport or storage is pushing cost per barrel up? I believe they are restricted on amount getting to market by logistics but still currently 800 BOPD (according to COE limited by export constrictions).
At least oil is flowing good & sales are there. Heading in right direction.
SP should climb as time progresses. Great company, great future, especially in the current climate.
Cheers!
Systematic28: "they say Indo breakeven (I think) is about A$50/b...
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