RE: RE: RE: RE: Q4 & 2012 Projection & Divvy
Model Update: There was a mistake in the BOPD figures that has been corrected.
My model is a bottom-up model with monthly inputs and the page you see is the summary output that is quarterly. Before the model was adding together BOPD for three months in the quarter. Now those three months are divided by 3 so you can see the average BOPD for the quarter.
This is important because in the monthly production forecast, I slowly ramp to 16,500 gross in Sept 2012, which is not too aggressive. Remember that 16,500 is the adjusted pipeline capacity allocated to Mart due to technical reasons.
You can see now below that 16,500 is the average for Q4 only.
Cash flow is huge with the ramp up to 16,500 regardless.