Folks - looking at current Brent price - just under 112 and 89 c. Aud and production levels most likely above 8000 bopd as we speak ROC is currently generating over 1 million a day
111.84/ 89 c = 125.60 x 8000 bopd = 1,004,600 per day or over 92 million a quarter
As per normal the market / analysts who are generally reactive will get excited on the 29th of jan when the quarterly comes out to show a big jump in revenue and cash .
I choose to get exited now . Even though I have rentered at 41.5 , I am seriously looking at increasing position by another 1/2 even at 44
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Folks - looking at current Brent price - just under 112 and 89...
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