AXT
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0.00% 1.4¢ argo exploration limited

Ann: Pantheon Resources Plc Operational Update-AXT.AX, page-3

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  1. baukaw
    3,539 Posts.
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    26/05/16
    12:08
    Post #: 17872460
    I agree Senderos

    AXT now has 7m *2.04 *1.50 = 21.4m in assets

    14m tax losses

    11.7c backing today....excluding shell value

    trades at a 40% discount to fair value

    fracing at Tyler probs next week

    Polk has spudded with a 3500ft lateral well this one...should flow 4x bigger than Polk1

    Can see Panr 200p on good frac and polk ~ Argo 16c backing

    Good luck all
    AXT Price at posting: 8.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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