LNC 0.00% 99.5¢ linc energy ltd

Ah yeah, silly me, I used 32 gallons instead of 42 to the...

  1. 6,314 Posts.
    lightbulb Created with Sketch. 2512
    Ah yeah, silly me, I used 32 gallons instead of 42 to the barrel. The group average of our estimates seems to be about $25/bbl which is as you said 15.7c. Plenty of upside to be had as long as crude stays above $50 long term, which seems likely.

    Not quite the same profit margin as at $148, of course, but let's not be greedy. ;)
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.