AZZ 0.00% $7.50 antares energy limited

don't understand, page-4

  1. 514 Posts.
    lightbulb Created with Sketch. 9
    Interesting doing some comparisons between AUT and AZZ from the last quarter:

    net oil production last quarter
    AZZ 225 bo/d
    AUT 200 bo/d

    net gas production
    AZZ 814 Mcf/d
    AUT 1200 Mcf/d

    present Mcap per acre
    AZZ $4342/acre
    AUT $34133/acre

    I realise AUT should be trading at a premium to AZZ, however eight times is stretching things a bit, especially since they wont be receiving any cash from operations till the december quarter.
 
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