So very roughly
June not leased, 30 days at US$450,000 = US$13.5m
Sep & Oct diff 61 days at US$195,000 = US$11.9m
And assuming rented out at $300k again
six month assuming US$150,000 = US$27.0m
two months assuming US$195,000 = US$11.7m
So total estimated liability of about US$64m or AUD76m or 13 cents a share.
Obviously this is on basis of being rented out for rest of contracted period including for Oilex.
As contract was terminated by Sedco, all depends on contract wording as to the circumstances in which Sedco could cancel.
So very roughlyJune not leased, 30 days at US$450,000 =...
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