PEN 10.0% 11.0¢ peninsula energy limited

im out, page-23

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    also, rising OPEX

    21 December 2011 DFS said:

    * Operating Costs 11.93
    * Royalties / Indirect Taxes 10.80
    * Wellfield Development 8.82
    * Total 31.56


    21 May 2012 Investor Update said:

    * Royalties & Indirect Taxes $11.11
    * Operating Costs $13.72
    * Restoration & Closure Costs $4.34
    * Wellfield Development (on-going) $15.41

    what's going on here? how did the on-going well costs double in just a five month period?

    +
 
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