RE:Divided potential @ future 10000 bbls Updated with correct netback after taxes from CFO, still stellar numbers, based on Brent $85:
Divided potential @ future 10000 bbls
10000 bbls *$45.60 (Tapir) netback *360 days /221 mill shares = 0.74 cents per share a year
do the math!
in 2-3 years AXL could pay out .40 cents. 100000 shares equal $40000 a year! And still have money for drilling, share buybacks or buy something new