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Re: Tjw32 post# 29671

Thursday, 05/07/2020 3:05:28 PM

Thursday, May 07, 2020 3:05:28 PM

Post# of 33157
Yes, kind of, but the reference was clearly to upcoming oil revenues being greater than that $1.5 million net in Q1. Chew on this, if Q2 net = $2 million, which is bigger then our Q1 net, so Q2 revenues would have to be $4 million at a 50% margin. Now, if Q2 net equals $3 mil or greater which I think it will, then revenues will have to be $6 million or greater!

Bottom line, give it a rest. Any day now we will have production and sales results for the month of April, woohoo!!! Go $GCGX...