With the estimated 360boepd and increasing, that works out to almost $500,000 NET revenue per month. Based on 75% NRI, the price of OIL, and associated production costs.
Surely this would be re-rated soon enough, but in saying that, I guess LIND have to make there money on the way up :-(, so slowly but surely.
Acreage, was it not a drill every 120 days for the CDC clause... not sure...
But with cash from revenue, and LIND, i believe wells #7 and #8 should start in next few months.... and maybe another note for hori.
I truly believe we are on our way to 1000boepd, albeit with heavier dilution than expected... which puts a cap on the SP. But @ 0.001/2 it is a steal i reckon.
A JV could come out of the blue, expect the unexpected with this company, good and bad that is... :-)
- Forums
- ASX - By Stock
- GGP
- decisions and more decisions
decisions and more decisions, page-13
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online