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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: MetalTrader who wrote (65955)5/10/2000 11:53:00 AM
From: Telemarker  Read Replies (2) of 95453
 
I see net income of $978K plus $21,087K of DD&A spread over 42,236K fully diluted shares. Lands me at $0.52/share. Perhaps I've missed something.

Not sure why they only want to separately state the cash flow after change in working capital items (I confirmed with IR that this was the $4,084K shown in the release). Most other companies are able to separately state teh cash flows from operating activities before changes in assets and liabilities. Kind of a shame, as this seems to me to be the best number in the report.

Happy to receive any help anyone has to offer in interpreting these numbers.

Regards.
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