FZR suggested cash flow from Ungani 5000 bopd could be as much as $3.65m pa.
BRU- Mitsubishi J/V Target production by the end of 2014 could be 7500bopd. 5 cents/FZR share based on FZR cash flow suggestions.
FZR 92 million shares on issue.
FZR Canning Basin Royalty covers 8 permits
Bura and Mitsubishi each 50/50 pay FZR a Royalty on all Petroleum recovered from their 6 J/V Permits.
FZR worth a good read.
canning basin royalties
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