rebound!, page-17

Obsiously not. If your not making a 'profit' from gas production, where is the cash going to come from to repay debt????????"
- it comes from our income of daily gas sales. The "profit remains ours, or it wouldnt be called "profit".
Profit means after expenses and is a relative excess.


DJ1,

you have obviously confused the word "profit" with the word
"income".
Substitute the word in your sentance and see.

After we have broken even, we then make a profit. Until then, profit is the next step (yes after 7mcfperday) and remains fantom to our operations.
We are currently not in profit territory if we are producing income from 5mcfpd, except that shoudl have all progressed by now and we can expect an upgrade of daily gas production in our next report.