Bruce the Stock Guy
1 month ago
$AUNXF..First two modular data centres scheduled to be operating this month with data processing equipment and associated infrastructure being transported to site this week. AXP will generate revenue from gas-to-power supply, infrastructure maintenance and power uptime bonuses.
The first site will use gas from the Pathfinder #2 and Amerigo Vespucci wells which are connected to generators located at the Pathfinder #2 well pad.
Based on the success of the first site, two additional operations are proposed to be established at the JW Powell well and the Kelce Court well, which will be a collection point for gas sourced from a number of gas-only vertical wells which are currently shut in.
AXP has two generators on site to commence operations, with additional generators in the process of being sourced for future expansion.
These data centre operations support AXP's previously stated objective to repurpose stranded gas from the Pathfinder Field to power modular data centres, operated by third parties targeting High Performance Computing (HPC) including AI, rendering and other high processor intensive operations.>>>>>>>>>>>>IMO 2025 is going to be HUGE for AUNXF!
MakinBank
2 months ago
I have not looked at AXP over a year perhaps they changed their news outlet, something I was trying to have them do over a year until I gave up on them.
No, shareholders Are meaningless. They have to keep shareholders at bay once in a while no? "through the trouble of keeping us well informed" - how many months have passed by without them saying anything?? there was no update on the flare gas bitcoin mining operation for months if not years to the point where some thought that it fell through. If you believe they changed and are keeping us informed as they are Now doing as you say, see how long it will take until they release further updates.. in a year or two is my guess.
"rapidly transforming into a new company" - it's been close to 3 years the only thing shareholders have seen after they claimed it was a rapid transformation when pps was at .02 was a 98% decline in share price. And 3 years later it is quite the same.
I have said it before and will say it again, it is my belief as a shareholder that management doesn't give a damn about the pps being crushed down here at .0008 or whatever so long as they are getting their paychecks. There should be a correlation between their salary and share price. but there won't be bc they will walk off first.
also, paying off liabilities isn't exactly the best thing in this business, where oil can pay off debt in a fraction of the time when compared to other industries. They should take on liabilities to expand; isn't there opportunity? 3 years since its implosion. we were lied to when jarvis said it was short sellers when they were dumping the warrants. 3 years and counting.