BRU 0.00% 8.5¢ buru energy limited

I've been looking at previous quarterly reports and the Sept...

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    I've been looking at previous quarterly reports and the Sept 2015 quarter is where BRU had a reasonable period of production from Ungani, so this should give us a reasonable idea of what production costs & cashflowsbwe can expect to see.
    Ungani did only produce for 2 months during Sept 15 quarter.....I chose this quarterly period to take into account that production may only be possible for 8 months per year, due to the wet season.

    Production was 70570 B/60 days = 1150 Bopd (demonstrated)
    Total costs for that quarter were $1.0m op plus $1.4m corp/admin = $2.4m.

    So, what can we expect for the startup:
    Using a conservative production rate of 1150 rather than BRU's initial target 1200 Bopd
    Total Revenue/quarter = 1150x 60d x $70AUD/B = $4.83m.

    Total earnings/quarter = $4.8m-$2.4m = $2.4m
    or
    Total initial earnings =$9.6m pa ...........this assumes production is only possible for 8 months per year, due to wet season?... or am I being too conservative here????

    So, if/when 3000 Bopd are achieved.... and I recall reading this was targeted for the end of 2017 calender year..... (and then the next target of 5000 Bopd), we should see some serious increases to BRU's free cash flow
 
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