Quattro Exploration and Production Ltd QEXXF

RE:RE:Sure slow with financials...

[green24]

I believe the company has until the end of August to put them out.

Anyone want to guess what they will be?

From the Q1 report:
During the first 3 months of 2014, the Company's average production was 1,252 boe/d and Quattro's cash-flow from operations was $ 1,814,509 or $ 0.054 per share.

So I guess their cash flow from operations equated to $16.10 per boe.

If that mining weekly article is to be believed, they averaged 1700 to 1750 boe/d in the second quarter. Now I believe commodity prices were higher in the second quarter, but I can't comment on expenses, so if we just assume the Q1 average of $16.10 per boe, ($16.10 x 1700 x 90 days) we could get $2.46 million in cash flow from operations.

Or you could call it 7 cents per share in cash flow from operations.

Never mind the 2500 boepd year end target.

Not bad if it turns out that we made this much, especially for an $18M market cap company.

Or you could listen to the previous basher. LOL.

Do your own dd people.