I have to ask the question.......... Where are you getting this $30/Boe figure from?
All reports to date have shown that we are yet to turn a profit from any BOE from REX. I do realise that this is due to the fact that we have been spending big to get the drills in the ground and develop the field and the fact that we were not producing as much OIL from the previous fields.
The next quarterly will be telling, if we can get up around the $30/BOE Netback then that will be bloody fantastic.
Ann: Trading Halt, page-26
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