re: Ann: CVN's September 2010 Quarterly R... Wasa,
Anything in Thailand will have to be a huge find as they'll have to share it with a partner and the more they sell the more tax they'll pay.
With regard to the tax situation, even if they find a huge find they'll throttle it back so as not to pay to much tax.
Say 16000 bpd to pay 30% tax no more, these figures from top of head please do own research.
This will be a drag on sp.
I'd much prefer they were using cash from Thailand to farm into the Aussie leases we are currently in.
Get say 90% of these threw to production.
I think much better for shareholders.
DYOR.
re: Ann: CVN's September 2010 Quarterly R... Wasa,Anything in...
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