We appear to be very close to cash flow positive at current production.
Cash balance circa 200-250k down on last quarter, with 8 workovers costing around 30k each. I wouldn't mind knowing their plans for this quarter and next as reading between the lines, not all workovers are as successful as others (not surprisingly).
Hopefully they release a company presentation/update sometime soon so we can see where they are heading with this. Profitability would make me feel nice and fuzzy inside.
We appear to be very close to cash flow positive at current...
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