I don't know if we they make US$10 or $20 on current POO in that neck of the woods, but for every US$10 POO goes up, 120kbopd is US$438m/Au$577m pa additional profit. Value could start with that. Then add existing projects. Come to think of it, on that basis, finance should be a doozy, why bother with a partner, pays for itself in no time. Simple secured credit facility would work. Unless a partner is paying over the odds.
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$1.83 |
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