BUY 20.0% 0.6¢ bounty oil & gas nl

worth a read, page-2

  1. zav
    734 Posts.
    the estimate cashflow of $5m is conservative I think, it depends on the price they will get for the gas and if all goes well connection to existing infrastructure will take only 3 months and cashflow will start immediately, they should take out a loan and not go to shareholders for any extra funding they require over the next six months, don't forget Utopia is also generating cashflow and should be around $250,000 a quarter, now with the high oil prices
 
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