Nice some clarification on cash flow.
Myall Creek to generate almost $10,000,000 over 7 years. that is a fantastic investment at $1.5M. Looks like they are paying some of that $1.5M this quarter and some in Q4 2022.
i would say it has something to do with this statement
"The funding agreement between Stonehorse, InvestorCo and Armour Energy also contemplates
subsequent well intervention activities within 12 months of the first well intervention in either/or both
the Bandanna or Black Alley formations."
Where is the scale on this ?? Jewell generating about 1M/month so i would suggest the scale is $500k/increments, Which means by xmas next year they will generate something like $12M Cash and have out goings of like $2M. This is a crazy cash cow.
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