I find it interesting that when the poo was $100 STO was substantially higher than today, while costs of producing a boo was $47 or 47%
Considering KG is now stating cost to produce is $32 and poo STO sells at is higher than Brent price, then rate of return is approx 60% or 13% higher than when poo was $100, yet the sp is considerably lower, does it need a few more positive qtrs to get it moving, or will it get Going after the investor day on the 26-09-18?
Cheers
Will Santos ever recover?, page-404
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