OTCPK:AETLF - Post by User
Comment by
pppon May 27, 2015 2:55pm
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Post# 23770630
RE:RE:RE:Credit facilityo
RE:RE:RE:Credit facilityoAs far as I can tell they should get about 60 can at the moment. This is based on the Western Can Select price yesterday of 60.32. Also gas is up from Q1.
So their costs per bbl are as follows
operating cost 16.37
royalty around 10
GandA 3.01
finance 1.46
total 30.84 Based on that they are making around 29 per bbl on their oil.
So your statement is off base.