I was trolling through the annual figures today, and saw the following breakdown of operating cash flow from the various assets:-
1. BMG - sales $31m, costs $31m - net zero
2. Cliff Head - sales $30.273m, costs $9.567m - net $20.706m !!!
3. Blane - sales $30.74m, costs $3.4m - net $27.34m !!!
4. Enoch - sales $16.29m, costs $1.602m - net $14.688m !!!
5. Chinguetti - sales $6.254m, costs $3.226m - net $3.028m
6. Zhao Dong - sales $90.243m, costs $15.616m - net $74.627m !!!
These are all in US$ and they relate to Roc's share of each project.
So, if you take out BMG, the apparent dud, we have Sales of $173.8m and costs of $33.411m, a net operating surplus from the 5 assets of $140.389m.
The break up value of ROC, based on their assets, must be multiples of the current market value. Most of these producing wells are incredibly profitable.
- Forums
- ASX - By Stock
- ROC
- oversold?
oversold?
-
- There are more pages in this discussion • 24 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 ROC (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.02M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 11.0¢ | $31 | 286 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 26592 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.090 |
1 | 50000 | 0.085 |
1 | 12512 | 0.080 |
1 | 17464 | 0.075 |
1 | 25000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 26592 | 1 |
0.115 | 100000 | 1 |
0.120 | 178571 | 1 |
0.135 | 29500 | 1 |
0.140 | 15595 | 1 |
Last trade - 10.06am 26/08/2024 (20 minute delay) ? |
Featured News
ROC (ASX) Chart |