MEL 0.00% 0.4¢ metgasco ltd

Ann: Odin-2 Appraisal Well Successful, page-28

  1. 9,279 Posts.
    lightbulb Created with Sketch. 749
    bravo re O1 approximation clearly vali approximation not quite so much.

    unless they can bring down those costs from the last quarterly ($731k expenses) cashflow is going to look ugly quickly the company might be generating $4-5k day net with expenses of $8k day ….

    Might need to explain to market sooner rather than later how everything will be paid for
 
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