The next Qtrly report will be out in a few weeks. Production or revenue has been very stable for some time and around the $800k mark. POO has risen though adopting a more conservative revenue figure of $800k, my expectation for operating surplus for the Qtr is:
Revenue: $800k
Less:
Exploration & Evaluation: $50k
Development: $25k
Production: $250k
Staff Costs: $90k
Admin: $60k
Subtotal: $475k
Net Profit from Operations: $325k
Cost figures are form the last 5B . If we add anything near $300k to cash balance i think its a very good quarter and cash will be very close to current market cap.
Thoughts ?
Sep QTR Financials
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