I am not arguing that CE1 is not Operationally cash flow positive .
However being FCF positive while maintaining production is the most relevant financial metric to evaluate the business .
Lots of costs besides production costs .
Drilling new wells to maintain production is the big one but not the only one .
The end of month quarterly will tell us .
I am not arguing that CE1 is not Operationally cash flow...
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1.0¢ |
Change
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Mkt cap ! $5.067M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 1.0¢ | 0.7¢ | $247.9K | 33.21M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 555555 | 0.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1070684 | 8 |
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| CE1 (ASX) Chart |