AXT
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0.00% 1.4¢ argo exploration limited

Pantheon's well are NPV 10 of about 200m to PantThey have about...

  1. baukaw
    3,539 Posts.
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    05/10/12
    09:59
    Post #: 10816746
    Pantheon's well are NPV 10 of about 200m to Pant

    They have about 17 wells to drill

    P50 of about 50m to Panth

    thats about 650m to Panth or 6.50US per share so say 3 - 4GBP per share

    Discount that again and conservatively PANR could be 200p

    Thants about 20m cash to AXT or about 20c per share

    good buying here
    AXT Price at posting: 2.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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