AZZ 0.00% $7.50 antares energy limited

quarterly report, page-3

  1. 708 Posts.
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    Ahmed,
    I believe a large buyer who was unable to secure 1m shares off market, pushed the share price up to .97c in the last couple of weeks by purchasing them on market.

    Out of the perceived 3 field discoveries to date,only the oyster creek project has given any flow rates and a definitive timeframe for first gas sales.

    The market is waiting for flowrates from garcitas ranch (firstly) as well as new taiton.

    So basically the share price is drifting back on lack of news.

    If the flow rates are good and first gas sales from these projects are near term I believe the market will react favourably.

    Either way news should be close now.

    All the best.
 
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