Candax Energy Inc CXEYF

RE: Synopsis of an Analyst

[Bobwins]

Where is this report from?  Cannacord?

Based on this report, Candax better hit Chaal to offset the depletion that appears likely from both current producing fields.  Unfortunately I think Chaal could be difficult to get flowing quickly, even with the new plan.  Given the company track record with El Bibane, this difficult well could be a handful.  Obviously it has the potential to radically change this forecast but Candax needs some luck and skill to bring it in.   Bobwins