Hi Brad
Sorry I was a bit brief with my reply earlier but we cant answer those questions with any accuracy.
The quarterly will be out at the end of this month and it will tell you what you want to know, a lot of what you ask only comes out in the Quarterlies.
As Johnny pointed out we have raised quite a bit of cash this quarter and as drilling has been suspended our cash burn would be a lot lower.
If we had gone with the original plan we would have been drilling well #9 this month. That would be 2 verticals and 3 Hories we havnt had to fork out for yet so around $13 mill.
Of course our income will be down but certainly not out and will be increasing, I agree with Morebull that we will be producing at least 200 Boepd at the moment could be quite a lot higher.
Of the wells we havnt drilled we may get some if not all free carried in a JV.
Buying shares is not a lot different than boarding an aircraft you have to trust that the guy up front knows what hes doing and theres not a lot you can do about it.
With shares at least you can bail out safely anytime if its getting a bit turbulent and your feeling nervous.
As long as you dont hear "this is your Captain speaking,Rosco....." all will be well LOL
Cheers Whisky
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