Spozzie
So if after costs, the tax would only be $6 per barrel wouldn't it? ie (30-12)x 34%...perhaps even lower after excluding royalties/land tax.
Also, with the strengthening USD, I reckon the OPEX will be significantly lower since cost will be in Brazilian currency?
Cdchi1
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SpozzieSo if after costs, the tax would only be $6 per barrel...
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