more fresh colculations, page-9

Hi dargie !

I respect your wish to go deeper and to try to determine what the net figure is but I am merely trying to deal with what is reasonably sure at this stage given that we now know what total number of barrels have been produced by December 24 (NZO info source) and the number of barrels that have been shipped.

We have an idea what the rate per barrel being paid by the refineries is but we don't know exactly. It is somewhere around the Tapis rate - could be less, could be a bit more.

We know the cost of the development of the TUI resource and we know that there is a cost for leasing the FPSO.

After that any other figures are largely a stab in the dark. You've had a stab in the dark and you may well be right. The Dec quarter review will give us a chance to see what has been factored in.

All I was trying to do was illustrate what GROSs cashflow was going into PPP over the 5 months and last 3 months.
If it shows up around the USD$40 million GROSS inflow I'll be satisfied.

If your predictions are true we are both winners.