RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 ResultsI agree. Great plan. They raised 200k last year to do just that but production just kept declining with no production bump so they must not have done any workovers. Now it looks like they have 1.4 million in outstanding payables. Do they pay the payables or do some workovers?? They have no money..Will the people you owe money to in current outstanding payables do more work for you to do workovers or do you need to find new people? Do you pay the first round people or the second?
Tough decisions.
How do you figure 250k cash flow per month?