RE: RE: RE: RE: KFG News Update Will be interesting watching the quarterlies in December / March.
With an increase in production of possibly 50 % to 65 %.
Short time key will be how expenses have increased at this time in correlation to revenue increase.
200 bopd x 365 days x 100 $ = 7,300,000 $ revenue.
Expanses roughly, that means only guessed but nevertheless orientated onto the quarterlies, 3,500,000 $.
Would equal profit before tax of 3,800,000 $ for 12 months.
So its up to everyone on which price-earning-ratio KFG will be valued ... 3 - 5 - 10 - 20 ?
However not that bad ... ;-)