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SSKILLZ1

03/08/18 11:35 AM

#46018 RE: John Bates #46016

AXAS

Keep In mind maybe not all analyst have raised their 2018 projections like some analysts have, keep in mind there is a .22 estimate bring that average down and the mean it is up from .28 60 days ago and now is .32 so it is going up. The beauty of this based on the guidance they have given if they hit the numbers like I think they will they will easily earn .40 and could go up to $0.45-.50 keep in mind I'm using $55 realized oil prices on the unhedged stuff, which means about $59 or so market prices based on AXAS recent history oil has been over that for the most part in 2018 so far. All is just my opinion, and I could always be wrong though.