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TORO OIL AND GAS LTD V.TOO

"Toro Oil & Gas Ltd is engaged in the acquisition, exploration, exploitation, development and production & transportation of oil & natural gas reserves."


TSXV:TOO - Post by User

Comment by InvestLargeCon Aug 31, 2016 10:54am
204 Views
Post# 25195188

RE:RE:TOO's exit production for 2016? Lender? High G&A?

RE:RE:TOO's exit production for 2016? Lender? High G&A?
Your calculations are wrong. Visit PLX board and some posters there have all the details about the company's market cap, net debt and Enterprise Value.
Read also more carefully PLX latest news (500 boepd from Sep 1st) and presentation (850 boepd in Q4).
Take also into account that PLX recently made a royalty deal and took another $1 million in cash. PLX had already $2 million in cash in early August when the deal with Madalena closed, see presentation.
 
 
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