AZZ 0.00% $7.50 antares energy limited

why are these shares so cheap, page-6

  1. 370 Posts.
    from the announcement, taking 180 days cumulative Mmcfe 1053 * gas price $4.5 = $4.7M revenue after 6 months... I'm not an expert here so interested in what others calculate for these projections.

    But if correct AZZ has payback after 6 months.

    A few of these wells and AZZ builds a a nice steady annuity stream as you see in the modeling these wells tick along for up to 25 years after payback within 6 months - that is what it is so powerful. If you're concerned with the flow rate after 1 year you're missing the point of a shale wells.

    All imho of course!
 
watchlist Created with Sketch. Add AZZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.