In Q report they say: 3,200 bopd capacity. This implies everything is on track. Yet, they only produced 2,675 bopd for quarter which is about about 700 bopd LOWER than what it should be (3,200 from ERG and 200 from Wyoming)! You may want to phone the CFO for clarity because as it stands, the reporting of "capacity" is confusing. If correct, how can Linc say, "is on track to achieve oil production between 5,900 to 7,000 bopd." If what I say is correct, they will struggle to get the production in the Gulf Coast to what it was when bought a few months ago. I have not had dealings with market regulators so any further insight by others on this board may be useful. I hold no position in this stock either but was thinking to purchase when they are back at a dollar. Not so sure now.
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