Meerkat it will be somewhere around mid 40% operating cash flow at the moment. This will be estimated with the capital they are putting into the second gas well and the other oil well.
Once these are completed the profit margin will be higher, then you add 11% with the gas plant.
Somewhere around 60% operating cash flow on revenue seems the aim in the medium term with gas plant and second gas well.
On 100 million revenue you would expect 60 million operating cash flow at some stage, but then they spend the money to make the company bigger and reduce taxes so reported profit likely lower in the medium term.
I am not a financial expert so the above is just my overview and I probably got something wrong so correct me if you like.
As I keep saying it only takes a day to get back to 50 cents :).
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