Hmmm ok then, implied value of production at POO US$60/bbl (from Sept07 in last Quarterly); Exchange $0.90, Fully Diluted is ~50c at 2500bopd (net to CVN).
Another 1200 bopd (500 net to CVN) increases implied value (of production) on the same basis to mid 60's.
Thanks for pointing that out.
cheers
neo
hartleys options, page-5
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