Price target of 72c with an assumption of $80bbl WTO.
Huh?
They're getting less than half that!!
So 36c 12 month price target imo. Even the last quarterly said under $70bbl average. That was with a portion of higher WTO received factored in???
"Carnarvon achieved revenue for the December quarter of A$28.9 million, with an average price of A$67.55 per barrel."
From the Euroz broker report
" Price Target: $0.47/sh"
At current oil prices (US$35/bbl & 0.67 FX) we forecast $38m operating cash fl ow for this CY."
HALF!!
Again they quote two different current sp's... Meh - brokers..
Not bothering till the EOY..
enjoy :o)
Price target of 72c with an assumption of $80bbl WTO.Huh?They're...
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