@Kev, I don't think those figures $4m per well refer to profit, but they must know a rough figure to take on the venture...
But not being an account, and easily confused with the different figures companies present I can't be sure. But nobody here is giving a figure for profit
One of the cookies belonged to systemtracer.life, which I found in my browsing history, which was listed in-between the Lse BB pages,, so I suspect these ads contain dodgy links :(
I think they have been shifting shares proportional to the buys all along. Todays high buying volume was met with £83k sell....We have a couple more weeks for them to clear out, ...
@Kev. looking at the fact they have two producers in the same area, I expect the 3rd has very good odds..but the price is dropping, and nobody on the BB wants to explain why ? Somebody has the intellect, but is keeping quiet....
targeting Net Revenue of $115 – $220 million over 12.5-year life of field and peak sustained post-tax cash flow of $15-25 million per year
post-tax cash flow of $15-25 million per year, is this revenue minus production taxes and royalties ?
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No talk of profit, or have I missed it ?
I am just wondering if the price is dropping as the company moves to production, as its not clear how profitable the company will be... since Weil is good news, and Linda will likely be successful