Ann: Half Yearly Report and Accounts, page-12

  1. 9,436 Posts.
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    Break even before we have to take into account staffing and admin cost ?

    Not sure how on earth you think they are paying their way when they lost $290k last quarter when they were producing the following

    O1 was averaging 3.1mmcfd
    O2 was averaging 1 mmcfd
    Vali fieldaveraged 1 mmcfd

    So last Q had wells producing 5mmcfd and they lost $3k day and yet you now think the company will break even with the wells producing ~30% less at 3.6mmcfd ?

    Feel free to do that maths on that one
    Last edited by boysy1: 18/03/25
 
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