STO 1.98% $6.96 santos limited

$50-60 New Normal or U.S Shale Bubble?, page-683

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    That's not adding much with respect VH my point is that depletion must be accounted for.
    Do you disagree?
    I never pretended to be a financial expert, I just buy cheap stocks and hold them for a long time. Forgive me if I don't have the airs and graces but in my opinion that's just a while lot of bullshit.
    I don't need to value things exactly if I buy them at 30-50% of fair value.
 
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