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Miki,keeping things simple. at today's price, you are...

  1. dailytrader
    297 Posts.
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    29/01/10
    12:40
    Post #: 6260799
    Miki,

    keeping things simple. at today's price, you are effectively talking at $1 and change for 2P resources.

    At 40c, the 2P resources will cost you $3.50 per barrel.

    Cheap huh? 2012/2013 will be a good year for Shell here in Australia.
    NXS Price at posting: 25.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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