AXP 0.00% 0.1¢ axp energy limited

Ann: MHP production now exceeding 2,040 BOE per day, page-343

  1. 20,361 Posts.
    lightbulb Created with Sketch. 1988
    no dig - telling you straight - they are producing from tiny fields mostly has which takes a lot of money to keep drilling to keep the oil dribbling

    don’t listen to the new rampers - not one has mentioned net revenue interest ( 73%) costs ( sucks up all the revenue ) corporate costs results in losses every year

    clueless bunch all of them

    doesn’t matter if you produce - if you don’t make money after expenses you are worthless - that has been FPL story for 10 years , they only survive through continual Capital raising , even their auditors put a warning they can’t survive without CRs
 
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