Little confuse in point 4&5:= "4_ we are producing another 6-7 well : 78kus/ month=> 109k au=> 1m a year (not included Jewell) 5_ If Jewell success ( surely production now, just waiting number? )bring She first year 6-8m => end 2021 Her book should 10M cash => MC should be 100M"
From: 6-7 well, is it aud109k a month, from each or all of them? Assume; 109k from each well, how is it possible MC will be 100M(10M cash) at the end of 2021.
My calculation: 109x6(well)= 654k per month. 3 month to end 2021: 654x 3=1.962M.
more than happy to be corrected.
SHE Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
