The number Linc quote is $US18/bbl. Not sure if that was worked out using the rate at the time i.e. it was a real term in $AU. If the latter is the case we could assume $US production costs were now 25-20% lower. If not, there would still be a ~$US30/bbl margin even at these prices.
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The number Linc quote is $US18/bbl. Not sure if that was worked...
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