24.4 million seller at 0.3c, page-51

  1. 9,615 Posts.
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    Gassed.. I think you do know more about the CTR business condition than you spell it out on this forum. LAR is suing Atzam field as a milking cow luring in the small naive oilers like CTR who keen to look for a company maker oil field.

    Until CTR can take full control of LAR and call the shot, then it is just LAR's milking cow, nothing more nothing less.

    Since oil is likely to drop below 50 USD this year, what is the chance for the Azam field oil to generate a cash flow positive ?

    Don't forget the plan Texas well this year alone will cost in excess of US $3.5mil to drill. I wonder show far will they get for $5mil CR ?

    It doesn't look good if oil to stay long below US $50 this year.. Good luck any how..
    Last edited by ML173: 05/01/15
 
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