Post by
energee on Mar 22, 2023 12:57pm
YE 2022 Financials on March 30
Very interested in seeing how they deal with the value of the SPV at YE. Not sure they can accrue until deal was closed but with an effective date of Sept 1, 2022 all that net production revenue, less CAPEX, less deposits for ARO, tax (?), G&A will be within the SPV envelope.
Waiting to see how big the bank account is today based on this statement from todays News Release "All net economic benefits accumulated from September 1, 2022 are included within the acquired entity."
Comment by
goldwatch69 on Mar 22, 2023 1:56pm
No such accrual. It's on the books once you own it. It will be in Q1 blockbuster earnings. Idiots selling today.
Comment by
SMlachake on Mar 22, 2023 4:18pm
"All net economic benefits accumulated from September 1, 2022 are included within the acquired entity." Right from the NR. Floating in cash already!
Comment by
firstworld on Mar 22, 2023 4:34pm
No kidding bought a bunch more at 2.64 for 14 day flip