BUR 0.00% 13.0¢ burley minerals ltd

10mil cap revenue 800 000 per month, page-4

  1. 2,670 Posts.
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    Well the other 3 wells combined are not producing much at all. Maybe 2.5mmcfd combined and dropping fast every month. Marlin 1 has already dropped from 13mmcfd to an average of 9.5mmcfd. Well that means it is probaly running at 6 or 7mmcfd now. We have also had N/Gas price go from $6US to $10US in the last 4 months to help those figures. If N/Gas was $7US then revenue might only be $500,000month and that is with a strong Marlin 1. Most of that money will be gone for director fee's and outgoings. I liked BUR's story but am a bit more careful now.
 
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