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Antrim Energy Inc. ATGYF

"Antrim Energy Inc was incorporated on September 29, 1999 in Canada. The Company is engaged in the business of oil and natural gas acquisition, exploration, development and production in international locations. The Company, through its subsidiaries, conducts exploration activities in the United Kingdom and Ireland."


OTCPK:ATGYF - Post by User

Bullboard Posts
Comment by birchjunkon Sep 04, 2012 4:53pm
248 Views
Post# 20316646

RE: Market cap expectations

RE: Market cap expectations

Very good numbers and quite realistic.

IAE trades at $125,000 per flowing barrel of oil.

Apply that to the 3000 bpd of production beginning next week and AEN has a fair value of about $2 per share.

By mid-2013, production will rise to 4500 bpd, so more upside.

Fyne full ownership will also close soon.

An announcement to that effect, putting AEN in charge for the FDP for 19,000 bpd by 2014 should get investors very interested.

Bullboard Posts