cant argue with facts
Printable View
how do you value oi well with regards to nzo...if the well is dry is it only the cost to drill..say $us 10 million ( nzo share) or does the impact on the life of the tui rig come as a cost as well.....oppossingly if the well comes up with 10 million barrels what value to tui and do they leave their vested interest at 18% or do they go back to 27% as per the pre drill agreement with ppp and what is the cost to nzo to return to this level...:confused::confused::t_up:
Hey that is the question. Here Balance is indeed right {just as a stopped clock is right twice a day] that we are kept in the dark. Now what is the rest of it .Something about being fed s--t and being a mus----m
No we do not know what the facts are with this drill. We do not even know if PPP can keep the discovery if one exists, or how much can be bought back and at how much.
Bloody mushroom.
I believe some time ago I heard the buy back premium is 7x cost of drilling the well would be good to have clarification around it
Years ago will see if I can find a link
Bit about Zeta / NZOG
http://www.stuff.co.nz/business/mone...stment-options