COE 2.50% 20.5¢ cooper energy limited

Fair Value, page-6

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    Not without shelling out a hell of a lot of additional money. I cant see Sole increasing production levels dramatically without lots of extra cash thrown at it. APA, a seasoned operator couldnt get much more than 55 p.d. so no reason to think COE will do better?

    They can buy new assets but hard to find a reason why COE would get any new assets on the cheap
 
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