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Royale Energy Inc. Message Board

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  • balegoba1966 balegoba1966 Jan 27, 2006 3:12 PM Flag


    With companies like ROYL, it is less about EPS and more about Free Cash Flow plus replacing reserves. If FCF is rising, and proved reserves are going up, the company is growing. If proved reserves go down, and FCF contracts, the company is dying. We need to see more proved reserves, plus excess cash to fund more drilling.

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