AZZ antares energy limited

why is everybody being so negative on this sale.ok I thought...

  1. 45 Posts.
    why is everybody being so negative on this sale.ok I thought they may have got 220 mil for southern star.lets move on and drill horizontals in northern star.their neighbours have been getting up to 3,000boepd from their wells.If Antares can even average 1.000boepd that would be a great result.They have a new 5 year loan from Macquarie of 200 mil credit facility.If they can prove up northern star imagine what they will get for it if sold later.Aurora spent billions on proving up their leases and they got bought out for $4.20 per share.
 
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