Yes I know Saltbus I'm being quite pessimistic. It's mainly because in the last quarter ending September they produced over 29,000 boe for total receipts of $579,000 but the production cost was $546,000. That gave them $33,000 operating profit which didn't cover even 10% of their overhead costs. I hope though that the well economics in this pool is better and we make a lot of money. I have heaps of these shares and a lot riding on it.
Ann: Wizard Lake Rex Drilling Update, page-17
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