I can't understand why the company would use a 6:1 ratio on their production figure for 'the last 10 day average for the period', yet use 12:1 in their production updates.
I can't be bothered re-explaining how I feel, but I've said alot today in the TXN thread about this, in relation to both TXN and AUT.
Basically from what I gather, 12:1 is exactly what should be used to determine revenue, although 6:1 can be used when considering how much energy is extracted from the oil/gas.
Clearly 12:1 is more relevant to the company (and others like it), as AUT produces and sells gas, not consume it for energy sources.
I can't understand why the company would use a 6:1 ratio on...
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