I remember at ExxonMobil any project had to return around 210% profit before it would be looked at by approval boards and financial controllers. They use to term it that of the over 100% return, the outlay shall not be more than 30% of the return. I would guess that Talisman would be the same. I know Exxon thought there project in PNG would be cost / profit neutral, but needed to do it for market share, however things changed drastically with partners etc and they will turn a pretty penny from there project over there.
cheers
why nge should go up, page-15
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$1.08 |
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Mkt cap ! $38.39M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.09 | $1.08 | $7.032K | 6.488K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 345 | $1.08 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 10600 | 1 |
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