Tough to see CPO-1 not come in.

Anyways we are currently doing 4000 bopd. LM7 will add to this and so will Balay (a little).

At current production 4000 * 75 netbacks (brent is $113 today) =  $300,0000 per day profit

300,000 times 30 = roughly $9 million a month. 

9 million times 12 = 108 million

PTA is still trading at less than 2x cashflow... not including LM7 or Balay 

Still cheap even after missing CPO.

Cheers j54