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News: AWE AWE expects to impair carrying value of Ande Ande Lumut Oil Project, page-3

  1. croasian
    2,211 Posts.
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    12/08/17
    08:43
    Post #: 26454825
    Obviously at $50 oil it is but at higher prices it has value. For all these announcements I don't understand if there is a end date for FID.
    A long dated free call option on rising oil prices is not worth Zero so I find this "clever" shitsandwhich announcement approach a pretty poor effort.
    AWE Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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