SGC 25.0% 0.5¢ sacgasco limited

The cost of production is likely to be distorted for the period...

  1. 1,662 Posts.
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    The cost of production is likely to be distorted for the period of time in which the companies and operations crew are scaling their levels of production higher (throughout the course of this CY and possibly longer depending on the workover operations). What you seem to be missing is the distortion to the eventual cost of production this would have due to the work required to get the facilities back online and pumping at 100%. You're also missing that this figure would be near impossible to produce accurately. For you to imply that somehow the JV can accurately measure their exact cost of production at x bboe day on X date times the total days of the 1/4 on a pro rata basis of their ownership of the assets while they're injecting X dollars per day (variable) into the re-establishment and upgrade of the production just shows you don't understand the business that you're discussing. For you to imply that producing this figure is somehow relevant to the eventual cost shows little understanding of the process. I won't even begin to address the stupidity of the conspiracy and how we should all feel based on them "leaving this information out".

    While you may feel like you're part of a new breed of less gullible stock discussion experts that appeared from 2020 onwards, you appear less informed than most people that provide good informative input on here.
 
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