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0.00% 0.3¢ austin exploration limited

OPEC agrees to cut oil production, page-15

  1. sharks37
    8,420 Posts.
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    29/09/16
    18:36
    Post #: 19518347
    The POO matters a lot, but it's not the only thing that matters. There are 3 things that matter a lot:

    1. The price of oil
    2. The flow rate of oil
    3. The cost of production

    A good business case can't be made by 1 of the 3 factors alone, it requires all 3.

    Cheers, Sharks
    AKK Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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