Sunday, January 23, 2011 9:28:25 PM
Birdman,
The 2Q10K, pg 4, shows numbers for ending Aug31
Revenue from Oil&Gas 3months-$307,006 6months=$500,057
The 3Q10K, pg 4, shows nnmbers for ending Nov 30
Revenue from Oil&Gas 3months-$259,064 6months=$759,121
Granted, both are well above 2009 numbers, and the 6 month moving results are much better for end of Nov. I was just really surprised that the 3 month result for 2Q was higher than that 3 months in 4Q.
I'm not worried, just surprised. I do see most everything trending positive. This is an oddity. And, of course, I am concerned about debt and speed&cost of new holes. The longer it takes to get new holes in and production and $$ in up the longer the G&A and other expenses chew into cash and require a bit of cash-flow dancing and additional debt of some kind.
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