Patience Marc, there is misinformation re reserves in the market, disappointed merger bulls, bored traders, and a seller who looks to have no choice but to sell alot . The tide is turning .
No debt, $66 million in cash, over $30 million in receipts per quarter, a new oil well to flow approximately 13000 extra bopd, a PE currently in the 3's, a blocking and valuable stake in NXS, strong oil prices (25% higher than when NXS offered), and accumulating bulk buyer/s .
It is cheap .
AZA
anzon australia limited
Patience Marc, there is misinformation re reserves in the...
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