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0.00% 2.9¢ eromanga hydrocarbons limited

SpozzieSo if after costs, the tax would only be $6 per barrel...

  1. cdchi1
    8,972 Posts.
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    15/01/09
    10:38
    Post #: 4693676
    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
    ERH Price at posting: 20.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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