Eco (Atlantic) Oil & Gas Ltd V.EOG

Cash in the balance sheet

[Lonegaurdian19]

It looks like they have a rather large buffer vs overhead and capex at this point. I'd love to see them use it for something that actually generated FCF. Say $3,000,000 at 10% it may seem small in the grand scheme of things but generating Income is the difference between a Gil being smart/1st mover and Gil being good at looking out for eye one as we wait. Time is money, I'd hate to see them get caught in a cash crunch and sign a bad deal. Every little bit counts

[nailbender]

Guess , that's why we have markets. I see things totally opposite. Don't want to see management getting sidetracked from their stated mission . Gil gets an A plus grade from me this year. If my math is right we should have 9 million in the kitty that could grow to 20 million next year should Total drill 3B.The share count has come back down some.  Orinduik has some value plus we have