People need to get over this thinking that SA is still making...

People need to get over this thinking that SA is still making money if that was the case why are they burning through their foreign reserves. Why because as a country they are losing money who gives a toss if they can drill a hole and pump oil out and it costs them let’s say $ 10 per barrel it’s what it casts them all up. If they were a company like almost every other oil company then they would be making money. But SA oil business is the country and they are not making money far from it. They are likely to need $100 + to cover their costs all up before they could put anything in the bank. The Saudis are hurting too.