Sahara Energy Corp (SAH)

[Bobwins]

ok, I looked at SEDAR

avgd 140bpd for Q1
says they are now producing 285 + 165 behind pipe.

Let's give them benefit of doubt and say they averaged 400boepd.

They still lose money but have about .01 cashflow per share. X 4 = .04 versus .38 stock price or more than 10X forward annualized cashflow. I look for jr explorers with 3 X cashflow as bargains. Maybe Q2 will show lower expenses.