You only pick out the bone. Here is the meat 12m revenue for the quater increased from 7m Ss production curtailed due to infrastructure upgrade which complete april, so production will resume now so expect normal production level return NS gas have not been connected on sell line in previous quater. Connection completed so gas sell will add to revenue next quater.
10 m sell of hawville will be allocated to drill cozart 19 step out wells a good use of fund if success provence cozart 19 can be repeated then loan facility will be deployed to all out replicate wells. That will increase the value to the lease area.
Cozart 19 like will pay back in 7 months so the rest of the well life will just be paying back shareholders!
In all pointing toward only one direction revenue stream continue to increase quarter on quarter that s all i want to hear, i don't give a grey hair over the details on how many barrel of oil certain well produced certain day.
AZZ Price at posting:
37.0¢ Sentiment: ST Buy Disclosure: Held
