With Brent hitting a new high again I thought i would compare consensus broker revenue forecasts to what they may be actually
Now as I don't know the production per day for 2012, I will make some assumptions on some conservative estimates to likely
Firstly brokers expect about 250-270 in revenue the year
On current spot on 6900 bopd 317 million
At 7100 326 million
At 7200 bopd 331 million
As Opex and dda doesn't change these higher revenue numbers feed directly into cash flow
At 7100 cash flow would be running at 222 million per annum
Amazing figured relative to market cap - very cheap at current prices
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