RE:August update.... Well the divvy was put in place to gain a market to sell into. You know that right?
So ... perhaps this will fall off a cliff. Hard to say. Long run its a safe hold but short run could get brutal. Markets are going to sell off like crazy tommorow if end day is any indicator
Luckyeleven wrote: Not very good if you ask me. Basically made nothing after paying the dividend. Cash on the balance sheet went down 4 million? Sure prices were lower but still. The commentary a waste of time with zero relevant information. Production up a tiny bit but didn't help the numbers. Bottom line is they spent more than they made, not good!! September so far will be lower revenue than August as prices are lower. Patience running thin with this for me.