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Post# of 14708
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littlejohn

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littlejohn

Re: bbotcs post# 14202

Friday, 03/15/2024 12:44:42 AM

Friday, March 15, 2024 12:44:42 AM

Post# of 14708
EGY is worth 3 to 4 times the .56/share

annual earnings for 2023...

EGY appears a public listed front to

me for Gabon and Egypt to collect

massive taxes off oil/gas production...

AKA production sharing agreements...

EGY full year earnings best depict that

versus popup 4th quarters that they

report each year...

EGY has to account for the big production

revenue costs, aka taxes, in the 1st three

quarters of each year typically...

Took me a few years of losing a little in

it and some time to learn it...

EGY hedges based on what Opec expects

so that is worth following...


So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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