ADI 2.35% $3.05 apn industria reit

good deal maybe not, page-3

  1. 320 Posts.
    lightbulb Created with Sketch. 5
    I think they are just being conservative for the point of the exercise.
    Some very very loose calcs ... Say 6 mill per new well and 2 mill per fix on each old well = 18 + 6 = 24 mill .... Round figure of 1/4 mill per week per well revenue = 1 mill per well per month (Total.. 6 mill per month) (I said they were loose!!)

    I'd say about 4 months to break even, then its just money in the bank. The important thing is drilling producing wells .... Time will take care of the sp ..... There will always be punters who bounce in and out for a few quick bucks, but compare this to any long term deposit over the next couple of years, its a no contest.
 
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