New Zealand Energy Corp V.NZ

NG production...rough numbers

[Magnum2]

as per the MNRG interview and the last update from V.NZ.

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.

NICE;)))

[heatmon]

Magnum2 I can,t follow your math. I have been in the investmant for a long time and in Feb. 2024 went to New Plymouth NZ. to  meet managment and tour  the site. I think it has great potential. Acording to your math it should read 7.5 million per year , not 7.5 million per month. I wish it was that much. LOL .

[shiftyone]

I'm agreeing with Magnum... that the total revenue from the well could be $7.5 million per month, and not per year.  That is at 12 mmcf per day. And NZ share would be about 3.75 milloin per month.... or as much as $40 million per year.  12 000 times $21 per day times 365 days per year.  Divided by two. From there production costs have to be deducted. But besides their website

[heatmon]

I do now , agree with Magnum,s numbers. Thanks for the explanation Shiftyone.