Substantially Undervalued, O&G Situation in play, page-120

Hi LOTM,

Yes, you are correct. The drilling is looking to sure up separate prospects, with each prospect having 10's of well locations. This has always been the case.

There's really not a lot to do now except wait for the Tyler TD / flow testing news.

IMO if Tyler is as successful as Polk, we may be looking at PANR's SP being well over £1. This would hopefully translate to AXT being comfortably above 10c a share.

More exciting times to come over the next few weeks. Kick back, relax and wait for the news.

Cheers!