ECHO TURNAROUND14 Oct 2021 10:11
we are at the point of a great turnaround here!
oil is touching 80usd!!
first workover is producing 76bopd!!
15 more to go.
if we manage to produce 1000bopd from these workovers(16 times75=1200) then we will be having clear profit of 11mil!!!!!!!!( 1000*30*365=10,950,000)!!!!
and with that kind of profit making companys mcap should be multiple of the revenues!!
ARE WE ABOUT TO WITNESS A GREAT TURNAROUND STORY OF AIM??????????????
next few months are really important for ECHO shareholders!
great time ahead,dyor.