So NWE has received a royalty payment of AUD 443,913 (1.25% of oil value) which = AUD 35,513,040 total revenue received by AED.
THE KEY QUESTION IS
Over what time period was this total revenue generated (then we can work out production rates) and what was the total cost of the AED operations over the same period.
Basically is the company paying it way and is it still a viable company that is able to meet all of its bills and liabilities?
It really about time AED provided the market with more information on its overall financial position as there has been a material change in it planned for oil production profile and booked oil reserves in SW Puffin..
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lack of news flow, page-7
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