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Hey GalileoThroughout its presentations, NDO uses Brent as its...

  1. dgrove
    122 Posts.
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    29/04/08
    20:48
    Post #: 3642642
    Hey Galileo

    Throughout its presentations, NDO uses Brent as its reference to calculate revenue for example slide 13 of "ASIA UPSTREAM CONFERENCE PRESENTATION FEB 2008" (Oil Barrels)which quotes NDO pre-tax cashflow for Brent at $40, $50 & $60 (seems cheap now!)

    This morning with Brent at US $116.42 and USD-AUD @ 0.9361 the net to NDO would have been $108.90 (excluding any hedging etc)

    I hope this helps

    Cheers
    NDO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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