LNC 0.00% 99.5¢ linc energy ltd

some clarifications, page-19

  1. 138 Posts.
    Not sure about your maths clueless. But it is a lot of money.
    100,000 barrels per day is about 35 m barrels p.a give or take. At $100 / barrel that is $3.5bn. Still a big number. Of course Linc only get a third. Still a cool $1 billion plus per annum with no cash down. Well actually cash is coming in already.

    That's doesn't sound like a pretty good deal. Perhaps calls for Mr Bond's head might be a little misplaced.
 
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