TXN 0.00% 58.0¢ texon petroleum ltd

pre-open after 30 day efs #2 results, page-15

  1. 4,980 Posts.
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    OilGoldGas didn't u get banned from here after constantly commenting on EFS1s flow rate, n didn't u later say the 45 day flow rate was satisfactory.

    Here are the numbers for u to crunch.

    Efs1, initial flow 1,200, 30 day average 655 representing 55% of the initial flow rate.

    Efs2, initial flow 1,100, 30 day average 550 representing 50% of the initial flow rate.

    So after 30 days, efs2 is very comparable to efs#1, but in fact txn holds a higher NRI n efs2 than it did in EFS1 so it actually earns more money from it!

    The mkt liked the 45 day efs1 result, as seen by Txns share price movement following that announcement.

    Monday 30th may is efs2s 45th day. Interesting to see if results are released then.

    Let's not engage in a pointless debate n let the announcements to come n share price do the talking!
 
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