GREY:VFGGF - Post by User
Post by
Iching64on Aug 29, 2012 1:13am
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Post# 20272714
net income up 50 % Q1 to Q2
net income up 50 % Q1 to Q2 production has temporarily stalled, but wait for waterflooding plus new wells.Cannot forget that net income have gone from $6m Q1 to $9m Q2, and during a bad quarter. What will be the net income after waterflooding and a few new wells ? A 50 % increase in net income from Q1 to Q2 seems pretty good to me, -smoke and mirrors ? I do not think so.