FUT PYM

Ann: Catahoula Lake Project Update , page-5

  1. BorrisMcNorris
    959 Posts.
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    05/10/10
    21:01
    Post #: 7284960
    Net Operating Cash Outflows are around $540k PER ANNUM. So assuming they don't make any acquisitions, the cash currently in the bank will last them nearly 4 years?!?!?!

    And that's before the "significant increase in revenue" by working over current operating wells!!!

    This means that acquisitions are on the cards???
    FUT Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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