AZZ 0.00% $7.50 antares energy limited

Ann: Unsolicited Expression of Interest in Leaseh, page-12

  1. 6,389 Posts.
    re: Ann: Unsolicited Expression of Interest i... "Let's say I use a 50% AZZ net interest in the Petrohawk acreage. Adding up AZZ's net interest in all McMullen fields @$12000/acre, I get a total value of $279million. That would be just south of $1 per share."

    Let's just say that the use of the Reliance Industry figures are IMO totally unrealistic based on the nature of the Pioneer deal and the assets under question.

    IMO more typical hype from from AZZ using those figures. Use apples if you are selling apples and lemons if selling lemons.
 
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