Wow. Thanks Auto, that is great news. I am actually surprised that they have not stated that in any of their presentations. Which means they only need approx 45-50 million in USD.
Very much agree with you about their hedging for FY16. Its going to make them quite profitable versus simply profitable. Would love to know who is going to take up the MD position (although with a possible merger with BPT), I wonder if anyone would really want the job?
US shale oil hitting the skids, page-59
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