the projected figures evan taking into account declining flow rates are impressive. At present rates the single well is making $61,000 a day which is expected to roughly halve in 6 months . So around $5m dollars in 6 months and then the well is paying back for any future wells. The cumulative effect of 4 more wells at same rates would be creating a nice income springboard to reinvested in more wells making a nice long term earner.The idea of growing the company be drilling more wells from income is a good plan and one shareholders I think like. A good cleanout at this level over the last few weeks and with good volume over last couple of days we may have some strong movement soon.A nice solid base has been established including a couple of 500k orders . Good luck to holders
AZZ Price at posting:
64.5¢ Sentiment: LT Buy Disclosure: Held
