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I see the SPP raising preso shows opex of US20/bl.So if selling...

  1. asteroider
    17,111 Posts.
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    02/11/09
    15:31
    Post #: 5863138
    I see the SPP raising preso shows opex of US20/bl.

    So if selling for US60 that should increase cash reserves by around 100k per month, or 300-500k prior to the drill.

    But with admin costs running 430k prior quarter and 656k last quarter at that it does is cover the admin expenses. Still. better than nothing.
    KEY Price at posting: 11.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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