concur me parleycross ! imho - ORG is "worth" >> $7/share...

concur me parleycross !

imho - ORG is "worth" >> $7/share ........assuming 40-50 OP.....

mr market basically has fy16 25cps EPS, FY17 eps - 35+.

fy18 > 45.....and every 10 chg in OP is >200m net to ORG ...so roughly > $1/share......

then, in 2022 - the MRCPS will get refied (much like North west shelf debt refi) ......and up to $3.50 could come back to ORG ......

despite the share price move ......there is still plenty of upside (and still excel leverage to OP as this is a long dated project).

the next 1/4ly should highlight the "strength" in ORG csm production !

all imho

rgds
V_H