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Point made but your underlying assumption is that the status quo persists. Granted, the lackadaisical historic growth may support this assumption but I personally hang around for:-
1) the O&G law which will unlock the FDP and positive impact on Brent discount
2) the Triassic prospects
Hmmm indeed Putup...
Well..how does gkp price drop compare to that of Brent crude and major oil co's since mar 6th following the latest banking debacle? I guess we will see if this crisis is contained and Brent recovers whether gkp recovers with it and you are just being a tad hubristic
Thank you ValueS and PUTUP.
The subtleties of R-factor value escape me but there is one point in ValueS 153.9 m cash flow that I don't understand - it's probably me being a bit thick, so I appreciate your patience and help.
In regard to the direct costs, although the working assumption is that the historical CRP is exhausted, can we just not assume that in state these costs replenish the CRP which the co the gets back so this 80% of (a,b and c) need not be deducted from the Net?
Thanks
By law, if no Wihtdrawal Agreement is signed by Oct 31st we leave and trade on WTO rules with Europe. The tariff rates have been set at zero for most goods, so regarding imports from the EU these are unaffected (by tariffs). On the other hand, the EU has to apply tariffs at the same rate as they do for other WTO members for which they have no trade deal, so cost of Britsh goods imported into the EU increase significantly. It gets worse...because we offer zero tariffs to the EU we have to offer the same with the rest of the world. We therefore open our markets to a flood of cheap foreign imports - OK for the penny in your pocket until you lose you job becuase home grown businesses killed.
It likely !sans they have nothing tangible to report...hard hats on