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Cougar, that 250k is monthly revenue. It's not profit. Profit is...

  1. tarecq
    2,453 Posts.
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    22/04/15
    22:52
    Post #: 15137874
    Cougar, that 250k is monthly revenue. It's not profit. Profit is closer to $150k (US).
    PYM gets their share of $150k.
    So call it $1.2m a year or about $1.5m AUD?
    Not including any additional wells or production.
    Last edited by tarecq: 22/04/15
    PYM Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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