ROC 0.00% 11.0¢ rocketboots limited

anyone know the be price per barrel, page-8

  1. 2,167 Posts.
    lightbulb Created with Sketch. 197
    Bandicoot,

    From ROC's Sept Qtr Rpt:

    Post 31/12/08 Brent Oil Price Swaps
    ...........Volume...........Weighted Average
    ...........................Brent Price USD/BBL

    2009........851,998..........70.01
    2010........686,994..........68.46
    2011........455,997..........66.31

    Latest Brent Crude Futures for:
    ................USD/BBL

    June 2009.........55.54
    June 2010.........64.36
    June 2011.........70.58

    My calculation, taking the current June forward prices (12/12/08) and comparing it with ROC's outstanding hedges is that they are in the money by US$13.2M.

    851,998...70.01...55.54...14.47...12,328,411
    686,994...68.46...64.36...4.1......2,816,675
    455,997...66.31...70.58...-4.27...-1,947,107

    ...................................13,197,979

    Regards

    SP

 
watchlist Created with Sketch. Add ROC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.