David from Kingdom Capital on UNTC
Yet Another Value Podcast
Is That a Greatorerview?
Matheraleasy: I think first if you just go look at the the boss rigs they have on their own. They'll tell you that rigs like that should be doing around 30 thousand dollars a day at current, at current contractof rates. So i'm contciously optimistic that number is going to go up with inflation about as much as it's going to go down to the one time cost dropping out. If we end up in a place where they're doing forty to forty five million of quarterly revenue from rigs, and their costs are around 25 million, then, no, they can be doing more than 50 million a year of rig cash flow on between now and somewhere around the
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