TOTAL OPERATING COSTS ARE US$9MILLION PER MNTH, WHICH WORKS OUT TO BE APPROX. 3000 BARRELLS A DAY. PRODUCTION AT 6000 - 10000 PER DAY GIVES A PROFIT OF BETWEEN $10 MILLION - $25 MILLION PER MONTH.WHICH EQUATES TO $120 MILLION - $300 MILLION PER ANNUM. NOT BAD FOR A $340 MILLION COMPANY IN TURMOIL?.............................. BY THE WAY INCURRED EXPENDITURE OF APPROX $350 MILLION MEANS THEY WONT BE PAYING MUCH TAX FOR A LONG TIME........ ADD TO THIS THAT SINOPEC IS ONE THE BIGGEST COMPANIES IN THE WORLD AND YOU HAVE ONE HELL OF A COCKTAIL!!!!!!!!!!! THE MARKET IS A FUNNY THING BUT COMMON SENSE IS GIFTED TO THE LIMITED FEW...................
AED Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held