These guys look Ok to me but i would appreciate others comments. There are 150m shares. Mirage and ventura look like flowing at about 200bopd each very soon. Thats 80 bopd to RPM @ $50 pb thats about $1.4m pa with $700k pa admin. Not great but it is cash positive. It does not take into account the 5% royalty from LKO 's wombat which looks positive at this stage. Is 6 cents sp looking good value?
mirage an oil well, page-3
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