AUNXF AXP Energy Ltd

$AUNXF with more dilution and no sign of profits, this ain't ever going over .01 unless there is a RS. Dan has screwed over long term shareholders.

$AUNXF 60 million shares traded last night on ASX. Up 100% from the close last week. Someone’s buying … why?

$AUNXF 7 wells @ Charlie #1 rate (~55 boe/d controlled test) • Gross: ~385 boe/d • Net (~80% NRI): ~308 boe/d • Net cash flow: ~US$1,800–2,200/day (~US$0.65–0.8M/yr) at ~US$70–73/boe net, ~US$5/bbl opex All-in cost: US$225k + US$1.05M recompletions = ~US$1.275M Payback: ~1.6–2 years Caveats: Test rates (12h/day, not stabilized); recompletion risk; no gas-to-power upside included.

$AUNXF again.will they produce real oil production in a short time.or will production begin in a year or two

$AUNXF This is one of the more practical and capital-efficient moves AXP has made. At US$225k for seven equipped wells + an SWD + gathering infrastructure adjoining their existing lease, the risk/reward on the acquisition itself looks attractive. Clear path to multiple low-cost Mississippian Lime producers without the full cost of drilling. New vertical well cost estimated at ~US$650k Implied capital savings: ~US$500k per well, or ~US$3.5M across the seven wells