Are we earning 1mill a week now? Drop off in producing wells and a drop to $88 per barrel of oil plus and no time line for wells 4 & 5 won't be producing before end of 2nd quarter, In my opinion we would not be earning that much. Take in to consideration the costs of drilling and completion costs and we are no where that figure. Management don't communicate when things are not so rosie and then take every opportunity to sugar coat everything eg 31mill in account at end of quarter but next day after repayment of loan 23mill. This company looks worst every week and is still dealing with the overhang of options that we stupid shareholders are paying the main player a monthly retainer. Management should be ending this relationship asap and stop looking after their mates and start giving a fcuk about shareholders. What a great day to be a brookie!!!!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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37 | 25064516 | 0.9¢ |
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Price($) | Vol. | No. |
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1.0¢ | 15355946 | 17 |
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25 | 17555321 | 0.008 |
9 | 4405142 | 0.007 |
6 | 2421677 | 0.006 |
8 | 2758001 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 50443414 | 49 |
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