potential cash cow, page-11

OK, negative sentiment coming up!!

Don't forget the 40% oil tax. And the company tax after that (30% of 60% = 18%), total tax rate of 58%.

Still a screaming buy at these prices, but not as rosy as first appears.

Hot air? Of course, these brilliant ideas to promote oil exploration came out of Canberra! D'ya know why we have an oil shortage in Australia? 'Cos nobody is checking the oil levels. All the oil is in the Bass Strait or in NW WA/Timor Sea, but all the dipsticks are in Canberra!

p.s. you can't buy my AED.