Q1 2022 Q1 2022 done!
Average brent 100.44
Average Working Interest volume: 9500 (Probably more)
Net revenue: $150m
Cash Generated $ 40m !!! (Compare to $51m FY 2021)
For Full Year -22 with average Brent prices at $ 93
Net Rev: $750m
Cash Gen: $200m
This company is so massively undervalued and should today be trading around CAD 0.6/0.7 and then after Q1 results in May moving up over CAD 1.0.
"We expect the next twelve months to be a transformational period in the story of Forza Petroleum - spread the news"