re: massive upgrade. cashflow huge the EPS forecasts i assume are for the full mkt cap
as 25,000 bopd is a lot, about $800M revenue at current oil price (per year, 365 days)
net Profit would be about av ~$63/bbl say (50% hedge at $60), say $175M AUD? P/e = 2.90
not bad with 10 years resources?
AZA
anzon australia limited
is today the day, page-47
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