SP and Drilling a distraction imo.
Assuming Stable production for the quarter @219 boed and $105/bbl we can guess for December Quarter:
Gross Income__: 2,070 (219 x 90days x $105/bbl
Prodn Costs___: 580 (ie: 28% of sales)
Net Receipts__: 1,490
Less: (From September Quarterly forecast)
Exploration_____: 400 (Louise upfront payment???)
Development_____: 200 (WK/Des Facility/Testing)
Administration__: 100
Cash from operations: 790 *
-------------------------------------------------
Opening Cash : $1,180
Add *above : 790
Closing Cash : $1,970
Best Guess only based on quarterly.
Cheers
investor preso, page-44
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