Benz Energy (BZG.V) Message Board

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Microcap & Penny Stocks : Benz Energy (BZG.V)

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To: SnakeInATuxedo who wrote (149)	4/11/1999 8:59:00 PM
From: Ed Ajootian	Read Replies (2) of 272

C.L., Yes, this is gonna get interesting to see what happens when the cash flow & earnings numbers start to come out for this & future periods. This will not occur until 8/15/99 (the date 2nd quarter numbers are due) but I for one can wait. The company has a lot of uncertainties re: financing, etc., but IMO cash flow conquers all problems. Not sure how much experience you have with this stuff so I will note the following. The production in Oakvale Dome is subject to 6% severance taxes and about 20% royalties. I often forget this stuff when doing cash flow calcs.

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