LNC linc energy ltd
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The number Linc quote is $US18/bbl. Not sure if that was worked...

  1. schalke04
    56 Posts.
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    22/11/08
    13:56
    Post #: 4527605
    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.
    LNC Price at posting: $2.23 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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