Replies to post #6328 on Addax Petroleum (fka AXC)

[dbernet]

Ha ha,

Can't you tell? Pretty simple math.

Hey Julius,

Nice post, well thought out. I agree with the people around you.

db

[Julius Erving]

Pre of course, but MINIMUM!

Dilution = 4.

So at least the current share price without glut oil would have been: 4 cents. We are now at .0011

For ease of math, share price should have been 40 times what it is now, at least. Without glut oil that is. Because without glut oil finding funds would not have been a problem. Our assets are good enough to attract serious interest, like CEPSA's $30.000.000 interest in 11A.

The Doctor.