rumot, No I have not sold and do not intend to sell at these prices.
So lets look at it they report $273000 receipts, for Commanche around 91 per barrel for each of the 1038 barrels so this would give around $94458 leaving $178542 for the 1800 barrels from the Lakes and 2 lots of around 1660 barrels from previous held back monies so if I add this up I get around 4100 barrels giving less than a average of $34 per barrel.
So why did they not report how much they got for the rest of the barrels.
I have said the company has potential but the Management have none or have so far did very little to improve creditability so need new blood
DYOR
- Forums
- ASX - By Stock
- Ann: Quarterly Cashflow Report
rumot, No I have not sold and do not intend to sell at these...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)