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Message: ...drilling has only started

NET returns of over $200,000/mo at lower prices is interesting, yet initially I was wondering why an increased PP recently announced and so close to cash flow. Then I surmised that there was business sense to retaining the cash flow in Mexican operations (drilling/production) while continuing with and/or increasing developments elsewhere on other interests and projects. As well, costs of production to full capacity are significant. Nevertheless cash flow to a junior at this rate and at this share price is virtually unheard of and bodes very well in my opinion. I have tried to find comparisons and other examples and can't. Someone on here may help with this search if they know of historical comparables.

It's the business side that I am most interested in and ROI is the name of the game...which has changed with production IMO. Balance sheet is about to take on a significantly different color.

Best regards,

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