Friday, October 10, 2014 10:57:06 AM
the real problem wiff your rithmatic is CYBK has not disclosed their portion/percentage of the lease..
Do they have 100% Working Interest and all Over Riding Royalty Interest as your numbers assume?
Nobody has any Non-participating Royalty Intrest?
Wut cut does Malis and Xite get for operating these wells?
Ya know hauling if any production? how about the disposal fees is the plan to just let the waste material run out on the ground like alot of the conventional well mom and pop companies do to the point where now Pa. is now trying to push regulation on them? (ie. shut them down)
No sir until the royalties of the lease are disclosed any number for future revs. is a complete guessing game throwing out numbers to see if sumthing sticks to entice unknowing investors instead of stepping up and SLAPPIN DAT ASK themselves IMO!
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