BB, the safest thing for most traders is not buy it .1000-2000...

BB, the safest thing for most traders is not buy it .

1000-2000 bopd is straight forward production storage facility equipment . Oil trucked out for sale is the easiest near term sales method and will underpin further infrastructure ambitions .

If 1000 bopd is justifiable with a $1.30 shareprice, and they can do that with 5 wells near term, then 2000 bopd is very likely as well .

Two off the shelf production facilities could handle 4000 bopd .

Remember the tapis oil price is up near US $100 per barrel and I am calculating using a sales margin of Aus $35 per barrel .

So really do investors think the largest oil field in Australia can handle 4000 bopd ? Of course it can . Probably much more than that, but I'll work with 6000 bopd as my target and I know I won't go wrong .
12000 bopd would just be called a ramp by HC traders, but realistically a field of this size can handle even more than that, and smaller fields do everyday .