Current production/revenue is greater, as bowtie west not included.
With 6H and 8A wells + EF Horizontal/s coming online in the next 6 months, net production/revenue could triple.
I believe EF horizontal/s are prepaid. So, with current revenue and cash at hand + the extra 0.6m raising, i believe we will be able to frac 6H and 8A without needing to raise any further funds.
Projected next quarterly net revenue between $3m - $4.5m.
I'd rather drop dead and die, than sell my shares anytime soon....
Good luck to all!
GGP Price at posting:
1.0¢ Sentiment: LT Buy Disclosure: Held
