don't confuse what's reported as revenue with what's actually...

don't confuse what's reported as revenue with what's actually being produced. There's a 60 day lag on sales. As David Prentice pointed out a month ago, "Gross sales from oil revenue are currently running at approximately A$3.9m per annum (at today?s production levels annualised).". Obviously that doesn't compute with today' announcement. Oil alone should be providing $1m - that was a month ago and more Tulsa wells have since been drilled/tied in. You'll find the next quarterly will be the one that gives us the real kick along. by then , you won't be able to buy them for 70c