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Gold/Mining/Energy : Teton Petroleum (TTPT) -- Russian Oil

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To: Crossy who wrote (14)4/6/2002 12:18:14 PM
From: Ed Ajootian  Read Replies (1) of 115
 
With the '01 10K about to be issued its now time for my forecast of how they did. I'm gonna call for a 50% increase in revenues for 4Q over 3Q. Granted 3Q had only $400K in revenues so the increase in absolute terms is not that big (i.e., $200K), but nevertheless it shows solid progress in getting to that exalted breakeven cash flow mark.

Loss per share for 4Q should be miniscule (under $.01 per share).

Ballpark initial estimate of 1Q '02 revenues is $800K, a 33% increase over 4Q '01. This estimate will be refined once we get a look at the 10K for '01.

For 2Q '02, depending on: 1) when they can get this next round of wells hooked up; and 2) how well Brent oil prices hold up, we could be looking at breaking the $1 million mark in quarterly revenues for 2Q.

This is a mind-boggling growth rate and once it becomes more visible to folks the stock will appreciate.
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