I note in the OEL presentation released this week they say Edirne has the potential to deliver OEL net cash flow of >US$5m pa.
That is the equivalent of around A$8.3m pa net cash flow to IPM (over 10cps cash flow) from Edirne. Not sure of the assumptions OEL have used in coming up with that number.
IPM
incremental petroleum limited
I note in the OEL presentation released this week they say...
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