RE:Royalty NEWS11.1 Mil in the bank last report in March. 3 mos of low oil prices.
12.4 mil in the bank this period.
So .. Newport's cash pile goes up - even in lower priced oil. Get it?
Their bank account just grows. They a cash, moo moo cow.
Get it?
The next report is going to be handsomer.
The shares, even though they moved up to .33 here .. are STILL CHeap, given the royalties that just keep on comin' ..
:-)