RE:RE:New PTA bullish article very soonEven with brent at $90 per barrel, we have $30 netback (all in cost, interest and taxes) for pta reserves and $25 for suroco reserves.
Even with a 20% discount rate, NPV of 2p is $0.30 cad per share.
By the way, the last 9 months we saw brent prices over $105 so it is only one month of low prices. Soon enough we will see prices of $95 again....