FFM 1.44% $1.03 firefly metals ltd

aurora files preliminary prospectus in canada , page-103

  1. 5,114 Posts.
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    Although the oil price jumped on the troubles of the middle east, it's only short term. For the oil price to remain high, it needs a stable growing global economy. Remember the oil price went from $149 to $40 during the GFC in a couple of months.

    The global economy is slowly trying to untangle/release itself from the quagmire but an oil shock will not help.

    If AUT have six rigs working, they'll need 3 frac crews. Also you can kiss 60 wells in 2011 goodbye, it would be more like 80. However, the consequence is a higher cash burn in 2011.

    Hey estseon, this will get us closer to the $120m budget we were discussing. Another dot joined.

    AUT have about $30-$40m up their sleave in 2011 apparently.

    Expletive suspensions are usually for 3 days. I may or may not be talking from recent experience. I'm not sure if the suspension increases for each subsequent infraction. The other blind mice might be able to shed some light.
 
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