Candax Energy Inc CXEYF

RE: Cash Flow

[mind_business]

So at $750 bbl/d and Brent minus discount for its inferior blend leaves an estimated $2.25 million per month in revenue. Barring a collapse in prices, it should be clear sailing from here as we build our coffers to go after our other prospects.

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It's great to see CAX start to increase their flow rates, as this will be the key to further exporation.  With current Brent prices, these modest flow rates still provide a decent cash flow. 

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