Will Santos ever recover?, page-360

Hi Pear,

This is an excellent post from @tom22 which he posted over a month ago when the dividend policy was first re-released.  I have just cut and paste from @tom22's post. So not my work but I agree with it.....and i didn't know how to link to the original post......

Quote....

2017 full year FCF was 618m so a range of 10% to 30% gives
10% - 3c
20% - 6c
30% - 9c

this was based on average oil price of $57.8/b

they say every $10 increase in oil gives another $250 - 300m FCF

so lets say average $70 oil

gives roughly 950m FCF 2018

10% - 4.5c
20% - 9c
30% - 13.6c

all rough calcs