What about the costs to dig those ~ 20Mbopd ? Price of oil itself is meaningless if you do not know the cost to dig that out of the ground. And I do not see any figures there - just a statement that 'cost is low'. So they know the cost estimate - why don't they say what it is then ?
Also - volume is high for the day, but way lower than one would expect if the big guys were really interested.
So I have mixed feelings about if to keep holding it or start taking profits now ...
Ann: Karoon Bauna Acquisition Presentation, page-35
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$1.75 |
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Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 10000 | $1.74 |
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|---|---|---|
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