they have $34 million in cash now .With 6.6 million on top of that you have over $40.6 million.
galoc is still producing 7000 barrels per day with there share being 1312 barrels a day .Take away operating costs of $21 dollars a barrel and 30% tax rate .If oil is $100 dollars a barrel otto clears $31094 dollars a day.Or $26 million a year .OPERATING COSTS are $5 million a year.
After taking away operating costs otto should have over $60 million cash after a year .
Then you have the bhp as well .Good company with plenty of cash
they have $34 million in cash now .With 6.6 million on top of...
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