"possibly the biggest oil find in the country."
Of course the oil, all 600 million barrels of it will be
got at at some point from the Gindarra sector but of course this is no big deal now is it.
I mean 600 million barrels over time at lets say $80 per barrel average, now lets see ( will need the calculator for this one )....hmmm... oh here it is $48000000000,..consider a JV farm in of 50%...damm only $24000000000 for nido and its mates....oh why bother calculating what Nido would get , I mean it would probably make them much bigger than Oil Search and of course they more than likely would be paying handsome dividends but well, nothing to get excited about now is there???
Oh yeah they don't have to pay the super profits tax do they....nearly forgot that...spose they'd get up around the $5 SP but heck nothing to really get excited about, I mean what can you buy for $5 these days hey.
Ah well its nice to dream...guess I'll have to go and find a decent stock somewhere else. Damm shame though ,I mean all that oil just sitting there and only 350 meteres down.
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