GREY:WFREF - Post by User
Comment by
wilwalon Jun 09, 2015 3:46pm
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Post# 23812588
RE:RE:RE:RE:RE:RE:RE:RE:RE:well its interesting that they talk about lre on bnn?????
RE:RE:RE:RE:RE:RE:RE:RE:RE:well its interesting that they talk about lre on bnn?????Your quoted text are numbers for the whole company, not just Redwater. As I said, just read the financial statements and it is all there, quarter by quarter.
Go to the Long Run Exploration web page and click on Financial statements. To get the quarterly production numbers, click on the MD&A for each quarter and it is all there. I can't spoonfeed you if you are not willing to do your own due diligence.
As far as the $200 million number for Redwater goes, I didn't say I was privy to any information, I am using public information. I said "don't be surprised" if it sells for $200 milion because I wouldn't be. That statement is based on publicly available information that you have. The production decline in Redwater has been so steep from late last year to the end of Q1 that if you project half that decline in the next quarter, then $200 million may be all it is worth. Just don't be surprised by it.