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30/06/08
18:42
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Yaqona
re COE 4th qtr production, asx release 18-06-08 estimates FY2008 production at 375000brls
Sept/Dec/Mar qtr actual production 297kbo total
So COE's June qtr production estimate is ~78kbo
(375k-297k).
Dec and Mar actual were ~115kbo each so my "guess" is Worrior Field production has declined. Could be wrong.
Took profits on STU recently and bought a few MOG at 7c. Gives me same upside without tying up too much capital.
MOG is free carried.
Not anti STU, but would like to know when and how they are financing the Refinery project.
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