AUJ 0.00% 36.5¢ augustus minerals limited

silverwwod oil flowing, page-4

  1. 37,911 Posts.
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    40% share of 120,000 cubic feet of gas per day @ $5 per whatever is worth $87,600 in revenue (before costs) per year

    40% share of 93 barrels @ $70 per barrell is worth $950,460 in revenue (before costs) per year

    include costs of $20 per barrel and include 30% tax, profit comes to about $500,000 per annum

    divided by 42m shares = 1.2 cents EPS
 
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