Shorters are closing out, page-51

Pretty simple really, from my calculations;

SNE field ONLY - 96 million barrels (conservative figure) to FAR
POO: $48 per barrel (improving)
Operating & Development Cost: $29 per barrel
Income: (less costs): $1.8 Billion/4.46B
SP: 38c - (anyone who would take 14c T/O for this stock is not all there)

The SP will take care of itself (as Cath has said numerous times)...

Who cares what it is currently doing??  Who cares about the PE (although it would be wonderful to have) - this 15% in the field alone is an absolute winner - FULL STOP.

FAR - IMO / DYOR: Best potential stock on the ASX

Turn the computer off, relax & have a wine or a beer... shhheeeesssshhh

Cheers