I think the point that is missed is its not just the rate of production but the realised sales price. Have a look at the sales revenue off the back of part of the quart being unhedged.
this quarter will be all unhedged and TAP is now in a position to fully benefit from a higher oil price
trades at equiv 23m USD market cap and would probably be net cash of 3m USD by the end of this quarter
- Forums
- ASX - By Stock
- Debt Gone
I think the point that is missed is its not just the rate of...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)