Thanks Timmar from Coffeys reminder and my prelim calcs I had assumed that was the case but wanted to make sure. So after punty gov tax 10% attributable to Range. Or 30k/day * $100 *365days = RRS annual Earnings/shares on issue...261m-321m (presuming all 2010 and 50c unlisteds get taken up and no cap raisings/more shares issued) *PE of 14 = possible share price. For Nogaal OIL only. Am I missing something?
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
