CVN 0.00% 16.5¢ carnarvon energy limited

ann out , page-8

  1. 354 Posts.
    $72,200 LESS

    40% for minor partner
    $28,800

    ~70% tax ($20,160)

    $8640 'Profit'

    $1M to drill the well, $400k to repay - 46 weeks to break even if the well isn't shut down for testing / cleaning (which it will be)

    Still, it's money in the bank..
 
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