AZZ antares energy limited

Lets see people don't want negativity posted regarding the...

  1. 5,038 Posts.
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    Lets see people don't want negativity posted regarding the company nor are you allowed to say what you really think of management due to HC rules.

    I wonder how shareprices do anything other than go up?

    Okay instead of me making comments on the monthly production numbers for each lease or well, why don't those of you who are bullish about the company explain the numbers posted on the Texas RRC website for December, so that we can see why you hold your current bullish position.

    As an example Smith Production November 4389 BO & 22,987 MMCFG, December 4416 BO & 26,572 MMCFG.

    Antares put November production at 420 BOED for the lease and 555 BOED for December.

    I look forward to reading all your views on these numbers and the performance.

    At the same time perhaps you would like to comment on why another $10M was drawn down from the loan facility on 1st Feb, since the last $10M draw down was on 16th December, since when 3 wells have been partially fracced (costing under $2m) and 2 new wells drilled which are by all accounts meant to cost $2M each include the frac for 100% WI and as one is a 50% WI, the well outlay is therefore $3M max.
 
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