re: Ann: Quarterly Activities and Cashflow Re...
Elguido, didn't they farm out most of the costs by giving a percentage to some others in return for infrastructure.
I think that there will be income entering the bank accounts soon if not already, I seem to recall that one of them was supposed to be income producing back in march.
I mean the company sounded excited in the announcement as they should, but it seemed like they are doing extremely well for a company with its share price in the 4c range.
I am no expert and got a little confused understanding the exact nature of their assets now they have fuel producing wells. Correct me if I am wrong here, but the fact they have oil/gas producing wells should drive the share price above 10c once others notice this.
KOG Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
