snapper

I reckon we are going to see some results this week!!

Interesting to see on another forum what some dude has said.

Quote:

"We'll see where the share price heads now since with have passed the 19th of Oct. I've been pleased with the way it has held up around the 5.5c. I've been buying and haven't had to chase which is always a bonus. Money still available to buy off that desperate seller.

I would love to a 100+ bbl a day notice, the market probably wouldn't like it, more interested in pipe dreams in the middle of the desert.

50bbls a day is US$365, 000 a year to TEX
100bbls a day is US$730,000 a year to TEX
150bbls a day is US$1,095,000 a year to TEX"

The figures there are taking into account that TEX only gets 25% share. Just goes to show that if it pumps at 150 BOPD, it'll double the revenue for TEX. mmmmmmmmm