Replies to post #8502 on Addax Petroleum (fka AXC)

[oldoil]

I can see that. I can not see $3.00 at 660,000,000. I understand delivery costs and annual cost of money but No way $3.
Some were saying 10.-15. at 35% of 20 M. net.
If delivery and other costs is 15.-20. then at $50. crude Thats a net of $30.00?
and at 660,000,000. X 35% for erhe, 230,000,000 our share X 30.00 net,= 6,900,000,000. then divided
by 43,000,000 shares = $160.00/share. multiply that by the number of shares you own and that's approx. at full 660M barrels at todays crude market.
Tell me where I'm wrong.
'cuse me, it's my boat dealer on the phone...lol