AZA anzon australia limited

cash cow

  1. 7,809 Posts.
    $66 million in the bank already .

    Will have receipts around $40 million this quarter.

    When the recent sidetrack is added to production stream an extra 4-5000 bopd extra @ more than $130 per barrel .

    Not long and $90-100 million receipt quarters could be a reality which is almost the market cap of the entire company in a years earnings..... but yes AZA was one of the few oil stocks down today, lol .


    Oh and the 12.4% stake in NXS is now worth $135 million

    Now a divvy has to almost be a possibility if no takeover targets emerge .
 
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Currently unlisted public company.

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