Hi Dan,
Just for a simple annual calculation, assuming the net profit per day that you have provided based on $100 oil and $8 gas, if operations continued producing only 2,000 boe per day for 60% of the year, we have free cash of US$17,082,000, or AUD$23,743,980 which is over half of our MC (excluding cash)
I am just playing here so holders and option converters don't panic. Please enlighten me if anything here is incorrect.
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