Value Microcaps Junior Energy

[DigiTech]

MMT, I think you will have to wait another 30 days to find out the exact number. It will be in the Q1 results.

However, A public statement was made that the company has $65M at the end of April.

So, $4m in cash in December, add about $50M CF generated in the last 4 months.(December was bad and lost oil) Add 60% of the restricted account or $35M. Add $1M for Qua Ibo

Paid out $20M for expenses ($5M per month) plus $5M for other taxes

Et voila! $65M in the bank

Not bad for a back of the envelope calculation

PS did anybody noticed that the company received about $6M in insurance payment for the burned up rig.