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Post# of 200731
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Re: None

Tuesday, 05/30/2023 12:03:08 PM

Tuesday, May 30, 2023 12:03:08 PM

Post# of 200731
$PCTL... I think $1.2M to $2.7M for 2023 after CapEx is possible now that they have reduced their overhead.

With 10 machines running in O&G and another 5-10 going out to a mid-west company in the next month or so, business is looking much better. If they can expand to a few machines in each of the Top 10 basins over the next 7 months, PCTL could easily do over $6M in 2024 after CapEx.

(figures based on conservative lease and royalty rates and 85% utilization)

JMO - GLTA
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