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Re: Garyst post# 2238

Monday, 05/16/2016 4:12:26 PM

Monday, May 16, 2016 4:12:26 PM

Post# of 4911
Just got the pressure...

267 wells which is disappointing ...

But Q2 is looking better and "at our current trajectory and modest cash burn, we believe exiting 2016 with breakeven cash flow on a monthly basis is a realistic goal".

Pretty good prospectus per Lavance as he notes customers are prepared to "bypass the pilot stage, opting to proceed directly to purchase order"...

Sounds like a slow quarter, with reduced revenues and expenses and a breakeven by year end!

I'll take a 60x by year end which is where my valuation takes us at breakeven...

So I am mixed, but still very optimistic long term!

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