Replies to post #158345 on Value Microcaps Motherboard

[wadegarret]

michm- AMZG- EPS for the Dec qtr

look like around $.0385, on the new production estimates. I figured 90 days at 1800 BOPD, inreased production costs and S, G, & A by 28.5% over the Sept qtr for the additonal 400 BOPD, and used a tax rate of 35%, and fd count of 70M shares. For the Mar qtr, it will increase to $.046 on 1900 BOPD & assuming they recieve $88/barrel oil.

[hweb2]

That's one of the reasons energy stocks have been so weak lately. Everyone knew about the brutal cold in North Dakota (and in other parts of the country) having a negative effect on production. Today's news on AMZG was not surprising at all. It's a very temporary issue and I'll be buying below $2. I think their Q1 production guidance may prove to be conservative if we get some better weather.