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