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KFG Resources Ltd. V.KFG

KFG Resources Ltd is a North American based company. It is primarily engaged in the production of crude oil and natural gas in the United States. It has developed onshore oil and gas reserves with activities concentrated in Concordia, Catahoula Parishes, Louisiana, Wilkinson Counties, Mississippi, Comanche County and, Kansas. Also, the company is focused on participating in the drilling of shallow wells in north-central Texas.


TSXV:KFG - Post by User

Bullboard Posts
Comment by praesenson Jun 06, 2013 4:09pm
84 Views
Post# 21494185

RE: RE: RE: RE: KFG News Update

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 ... ;-)

 

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