MNRG up in the premarket, hopefully another 3 Million+...shares trade once again today.
as per the MNRG interview and the last update from V.NZ (Estimated Nat gas well anticipated flow and revenues).
Approx. $21.00 CDN/ MCF @ 12 Million CF/Day x 30 days = $7.5 Million $CDN/month.
New Zealand Energys' portion is 50% or about $3.75 Million CDN$/month.
...NZs' payout policy allows for 50% of cashflows to be distributed to shareholders.
MNRG owns 1Million+ shares (7%) of NZ...purchase price of the NZ shares was 46cts.
Max Sali interview says approximately 3 weeks to rework the two Copper Moki Oil wells ( no start date for the rework of the wells, should hear soon) ...I thought if they get flow rates of 200 bbls/day from the two would be great, Sali is anticipating 250 - 300 Bbls/day and a payback of our intial funds after one month of production.
Terra Blanca/Salar Lithium permit is anticipated before the end of January, so plenty of News is upon us.
GLTA
DYODD