GGE 0.00% 0.5¢ grand gulf energy limited

investor preso, page-44

  1. 1,593 Posts.
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    SP and Drilling a distraction imo.

    Assuming Stable production for the quarter @219 boed and $105/bbl we can guess for December Quarter:

    Gross Income__: 2,070 (219 x 90days x $105/bbl
    Prodn Costs___: 580 (ie: 28% of sales)

    Net Receipts__: 1,490

    Less: (From September Quarterly forecast)
    Exploration_____: 400 (Louise upfront payment???)
    Development_____: 200 (WK/Des Facility/Testing)
    Administration__: 100

    Cash from operations: 790 *
    -------------------------------------------------
    Opening Cash : $1,180
    Add *above : 790
    Closing Cash : $1,970

    Best Guess only based on quarterly.
    Cheers





 
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