Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:RE:RE:RE:MIE

[ppp]

Here is what I look at number 1
Cost to produce a bbl, this includes Royalities, trans, production, interest, and G and A

Next decline rates Lower the better., This is very important, how much money does it cost to replace production?.

Then EV value per flowing bbl and reserves. How much is it worth compared to what  
is selling at the time.

Debt per flowing bbl and to CF

LRE was one of the cheaper companies when it came to the above metrics however that has changed in the last while. Investing is ever changing and as an investor one has to make adjustments as opportunities present themselves.

GLTA