yeah i wouldnt be surprised if SHE share is around the 6-7M USD around 9M AUD first year. Still sticking by the 15M AUD in Cashflow in the first 2 years. BRK is predicting 324000 barrels first year. using there magical $42/barrel is about 5.6M USD at 1300 boepd IP24. So base case around that 7.5M AUD first year. I think these are low numbers. at this rate i wouldnt be surpised is peak flow is going to be over 1600+ which would put your first year barrels at around 400k. or 7M USD for SHE 41% 10M AUD. Dont know until you see the IP24, 30 and 90 and get a curve modelled. and even then you dont really know until the oil is out of the ground and sold. Good to see a green day (even if it is in after trade)
SHE Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
