I read yesterday in their investor report that they get Tapis rates which is currently $49 per barrel or $70 AUD.
If the oil price doubles in the 6-9 months and I think it is likely then we have a real oiler here with very prospective ground.
Despite the poor timing of this all and the world situation one would think that there is some interest from somewhere and that the ruler is being put over ITC and VPE for that matter especially with their CBM.
I read yesterday in their investor report that they get Tapis...
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