AED 0.00% 14.5¢ aed oil limited

Forget management. The fundamentals are too compelling to...

  1. 1,079 Posts.
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    Forget management. The fundamentals are too compelling to ignore. Total operating costs of about $35 a barrel assuming 300000 barrels per month. At 600K a month you are down to just $17 a barrel.
    Tapis is around $A110 a barrel as I type and AED get a premium price to that benchmark. Plus toss in $400m PRRT and tax credits.
    Nobody could stuff this up even if they tried.
 
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