Yes but you have got to admit it is a bluudy great improvement on what we are used to. And if you look at those figures and do some forward projections for this quarter based on average oil price of closer to US $7.10 rather than US$5.10 and production up say 15 to 20%, the picture looks pretty good.
Didn't see the reference to the onshore wells spudding in November but that's OK, glad to know they are on their way.
I am very happy to be holding particularly since the operating and production costs are soooooo low. Compare them with say Stuart which last quarter scraped a lousy A$10.00 profit per barrel produced.
PSA Price at posting:
0.0¢ Sentiment: None Disclosure: Held
