EBITDA of $4.9M for 6 months
Capex spend $1.7M
FCF down to $3.2M per 6 month period, with production decline of 31%.
As expected, this FCF is going to whittle away and dwindle as it gets absorbed by that heavy corporate overhead structure.
Once they've paid that $0.008, at least they can't eat into that cash.
Glad I got out of this when I did
What a basket case.
I'd like to know what bids they rejected and why if shareholders end up with $0.008 after all this
EBITDA of $4.9M for 6 months Capex spend $1.7M FCF down to $3.2M...
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