AXT
Click for more information
0.00% 1.4¢ argo exploration limited

500% Gain & Counting Thanks to PANR, page-42

  1. Last of the Mohicans
    4,725 Posts.
    lightbulb Created with Sketch. 253
    clock Created with Sketch.
    14/01/16
    10:23
    Post #: 16793151
    Using $40 oil & $2.50 for nat gas, a 2,300 boe well (10 MMCFGD & 650 BOPD) should reach payback in 5 months.

    It should also make an undiscounted $36M during its lifetime for its owners, of which $18M would be PANR's share. Very nice indeed. With 25% of total revenue coming in year 1.

    LOTM
    AXT Price at posting: 9.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Auric sniffs gold up to 12.1g/t through drilling at Spargoville prospects
right-arrow Created with Sketch.
NEWS Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals
right-arrow Created with Sketch.
NEWS NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play
right-arrow Created with Sketch.
NEWS Access the Latest ASX News!
right-arrow Created with Sketch.
NEWS Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing
right-arrow Created with Sketch.
NEWS CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AXT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.