RE:RE:RE:RE:RE:Regardless of What The Share Value Is UpScarlett: Once projects start coming in then this company could be valued at 10x sales, not 10x earnings. $100 million in sales could lead to a $1 billion market cap. Somewhere around $7 per share. This is because of the uniqueness of the situation. As Russian oil starts going off line see:
See Peter Zeihan Google Youtube Peter Zeihan russian oil. Here are some links:
https://www.youtube.com/watch?v=M0LzuMUOO0k
https://www.youtube.com/watch?v=w93XoP5g95o
https://www.youtube.com/watch?v=4BsB8breRdg
https://www.youtube.com/watch?v=CQRcvquXJ2Q
I expect international oil price to go over $150 per barrel.
Add in the fact that Axe techology increases the accessible oil in the Canadian oil sands by 6 fold, see: https://www.acceleware.com/rf-xl/lowest-cost.html
Proven reserves increase from 165 billion barrels to 1,105 billion barrels or six fold increase in Alberta Accessible oil reserves. I forsee very strong future valuation levels on Axe as investors become aware of this fact.