RE:Stella production capacity Londoner7
I would be interested in your views as to how much after tax profits Ithaca would make, post GSA production at different oil prices.
I know very low production cost estimates have been mooted for Ithaca once GSA producing, however, it is never clear to me whether this is simply a gross cost and if not whether the full amount of indirect overhead has been apportioned.
There is also the very high tax on NS profits, which may be about to reduce of course.
For oil price scenarios of $60, $80 and $100 per barrel, how much after tax profit do you think Ithaca would retain for each price scenario once GSA is producing at expected volumes?
Doug