RE: As a shareholder of hurricane5 Mar 2021 12:05
in q4 2020 we produced 5.1mil barrels and received 19MIL INCREASE IN NET CASH!!!( with average oil price of 40-45usd)
assuming production is stable and prices are gone higher now, and oil is sitting at 60-65 usd.
that will be massive increase in cash flow here!
just assuming usd 10 increase in selling price while costs are still remaining same then on 5mil production we will be having 50mil extra cash(profit?), which is nearly our mcap???
RE RATE TO HAPPEN HERE AND WILL BE SIGNIFICANT!!!!