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Bullboard - Stock Discussion Forum Zargon Oil & Gas Ltd ZARFF

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin... see more

GREY:ZARFF - Post Discussion

Zargon Oil & Gas Ltd > Annual Cash flow atm $5-6M?
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Post by pablo87 on Mar 27, 2019 12:47pm

Annual Cash flow atm $5-6M?

Based on ops, capex, sg&a (too high), interest of $29.6M, and assuming 1200 bopd in Canada at US$50 and 9% royalty, and 388 bopd in the US at US$57.50 and 24.5% royalty (and 200 boepd of gas at $12 and 9% royalty LOL).
Comment by RollinInDough on Mar 27, 2019 1:23pm
whaaahhaaaaaaaaaaahhaaaaaaaaaaaaa same poster that said they would cf 60 cents a share... he posted that analysis in July... man what a turnip of course pablum also said the debs would never trade down at $2.50   much too low... of course we know the truth... zar was cf NEGATIVE... not positive 60 cents a share.... and the stock is like 3 pennies.... so what is this 60 cents a share anyway. ...more  
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