BPZ Res. Inc. (fka BPZRQ)

[ofirm]

Read again - assets have increased (oil sales) -
If you do not recognize the revenues on a monthly basis, it
does not mean the money is not coming in. the cash have
increased over the last few month and so has the equity
(despite the high expenses for bk professionals).
The expenses over here do not show the operating expenses as
well as the expenses, as the joint venture Z-1 is being treated
as if it was an holding on the equity method only.
The question is how much capex will be spent (this would be
coming straight out of the cash).