TSXV:DXI.H - Post by User
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ROUGETRADER719on Nov 22, 2017 12:16pm
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Post# 27012134
alittle update refresher so we all know
alittle update refresher so we all know Crunching the numbers, success on just four wells in this first sand package could increase the Company’s daily production to over 1,500 BOED. and boost DXI’s present value by $30 - $40 million. This would form the foundation for strong core production and significant cash flow which DXI would deploy ASAP to proving up the other anomalies in this seismically indicated cluster, multiplying that potential value.
An opportunity like this comes very seldom, but when it does, it rewards all investors for years to come. In Canada, DXI has harboured over $65mm in historical tax pools just for this occasion. With a series of discoveries, such as what can be envisioned, an ultimate sale could be distributed to shareholders tax free.