InvestorsHub Logo

jlglex

05/03/11 2:05 PM

#12491 RE: nobody12378 #12490

Should Be Surplus Cash Flow Starting Q3 2011

By my calculations, there ought to be about $4 million per year in surplus cash flows, after paying interest & SG&A.

This is based on 1.1 Billion gpy of Method I contracts at 20% royalty rate.