Them be the words of a nay sayer, who doesn't hold!
Well, I'd be a bit of a goose if I contradicted my own research.
I beleieve the capex to be conservative( laying it all on the table..so to speak)
Perhaps
"poor internal rate of return", I dont know what that means.
IRR is incredibly important in financial analysis. It is a measure of the quality of return on initial capital investment.
High sensitivity to commodity price change is a function of the current governments mismanagement and ridiculous taxation regime.
While those issue don't help, the sensitivity is due to the slim margin between expenses and revenue and significant capex.
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