RE: SMD3 Oct 2023 14:41
14.22
Sorry to butt in, but perhaps you would show us your calculations and reasoning as to why "The actual economics is where it all starts to fall down"?
That's a grand statement - no glib one liner answers that don't actually provide an answer, no going off to hide because it's a difficult question - show us. Estimated production, value per barrel, costs of production, cost of delivery to market. Stick some guesstimates in there if you feel the need, make some assumptions on value and cost variances over time, cost of finance, delivery timetable, etc, etc. You must have a view backed up by data otherwise you shouldn't be making the statement that, "The actual economics is where it all starts to fall down".
Answer sensibly and you never know, people might start to treat you in a different way.
Be smart/glib , fail to answer or turn the question around and I'm afraid your reputation will remain intact.