No idea how they can keep saying profitable at $45 a barrel....
$245k revenue for the year....
$159k operating lease expenses
$500k employee expenses (plus $200k share expenses)
$700k professional fees?????
$200k travel and accomodation (that’s $4k per week!!!)
$400k in other expenses (admin, insurance etc) - they paid $245k in insurance which is equal to revenue itself!!!
It beggars belief really and no doubt a few holders
Ann: Drilling Update, page-7
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
