TSXV:CART.H - Post by User
Post by
nozzpackon May 12, 2022 2:30pm
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Post# 34678789
Natural Gas Production Revenues in Q4
Natural Gas Production Revenues in Q4Produced gas at RK field resulted in revenues of $409,000 US in Q4.
I have not done a formal calculation but I recall the Q1/22 would have had natural gas prices at least 75% higher than the average for Q4.
So, Q1 gas production might deliver $600,000 UD in revenues at very modest cost.
It has always been my view that Kub will be sold and net proceeds as cash returned to shareholders .
Next signifucant event will be the AGM which I believe will be the final AGM in which we vote to close out the company.
GLTA