So please DO expect a fairly large drawdown in cash this quarter, and probably more next quarter. Also expect falling revenue for this quarter and the next as existing production declines, exacerbated by the Flames well shut in which will occur during completion. The cashflow from flowback and production will not peak until Q1 -Q2 next year ( FMDP and Gapstow) but we should still see a significant step up in the Dec quarter cash receipts.
Doesnt exactly look sunny for a year.
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1.3¢ |
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Mkt cap ! $59.66M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
2 | 4211179 | 1.2¢ |
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Price($) | Vol. | No. |
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40 | 38035195 | 0.011 |
16 | 18440061 | 0.010 |
11 | 5840014 | 0.009 |
2 | 185000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
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0.014 | 23000267 | 18 |
0.015 | 6246048 | 13 |
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