Axis Energy Corp (AXGC)

[McBeanburger]

vnx verse axgc - apples to oranges

vnx mc = 339,536,375.00 cad (us 287,243,670.30)

axgc mc (25 million float unconfirmed) = us 29,750,000

or

axgc mc (37 million float also unconfirmed) = us 44,030,000

current mc multiples are between 6.52 and 9.66.

a new release from the company detailing what exactly is its float would be a very good idea (got your ears on axgc?)

vnx have a number of operations but their one concession libyan deal i think is the main focus from the market point of view. they currently get 5000 barrels a day output from their one hole drilled - this could be improved with more drilling.

can axgc match this?

answers on a post card...