Are we cash flow positive? 1m revenue from four rivers and 120bopd to PYM with production and development cost of $18 (worst case scenario) may still us cash flow positive as early as next quarter. We must be close in this quarter as well. Oil has smashed through $57 resistance level and if it held it would be bullish for short term oil prices.
Weak Aud$ is also going to be helpful.
Cheers
- Forums
- ASX - By Stock
- PYM
- AGM
AGM, page-13
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)