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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by Mastermind_9999on Sep 30, 2014 4:16pm
188 Views
Post# 22984102

RE:RE:close

RE:RE:close
Sorry for the multiple posts.

You could probably rake in 400-500 MM in operating cash flow (average production of say 29,000 boepd with netbacks from $35-$50). 

Pay almost $50 MM in divi's (would be 100MM today but you save $50mm if you buy back 1/2 the shares).

Pay off G&A expenses and the rest pays off debt.
Bullboard Posts