Replies to post #8292 on Addax Petroleum (fka AXC)

[Julius Erving]

You are valuing a discovery at Tarach-1 of 1/2 the unrisked estimated volume at less than 90 cents per barrel.

Troy, according to some experts, you forget to look at the current balance sheet, and dilution...

Hahaha.

Maybe they should hand me over the 30% rights of an oil discovery, because my personal balance sheet is acceptable.

Mha...