News More good news
News Good RNS
Re: revenue ive re read the statementI assume they think a billion is a million millionie 1,000,000,000,000so their revenue this year might be $160,000,000so they trade on 4 times sales or 4000 times sales seems either toppy or insane
good news onlywayupwhat is the good news? I cant see anyin fact if my numbers on the post below are correct (which I cant really believe myself) then it is very bad news
revenue ftbbcf=billion cubic feet so production will be 16,000,000,000 cubic ft (i think)so if they get $10 for every million cubic ft (mcf) as they say then I think the revenue is 16,000 x 10so not very much at $160,000in fact so low that I cant believe I am right?
Re: revenue 16bcf = 16,000,000 mcfbillion vs thousand
News This is good news
revenue cant believe I have this correct?but if they produce 16Bncf at $10/mcfthe revenue is $160,000i presume someone (probably m) has missed a few 0's
Tipped in the MoS Have been in these for a while but good to see they were tipped yesterday in the Mail on Sunday although I don't think that this article can be attributed to a rise of this much..............interesting.STR
Bought In today Look's a good company to back
RNS Onwards and upwards, surely.
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