I based the NETBACK of $8 off the following
PROFIT = $1,300,000 from 400BOE/DAY
= 1,300,000/400/365
=$8.90 profit/BOE
Went with $8 for a nice round number
I based the NETBACK of $8 off the following PROFIT = $1,300,000...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.523M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 491799 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 149998 | 1 |
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