AKK 0.00% 0.3¢ austin exploration limited

Ann: Proposed Name Change and Share Consolidation, page-23

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  1. 15,774 Posts.
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    Yep - less than 10 barrels per day ( and that's with the help of Pathfinder 5. How does that compare to the cumulative production tables and NPV figures they released a few months ago.
    It's these kind of operations that gives the sharemarket a bad name .

    So at best 25k gross revenue. We know that it cost them 14 dollars to transport so they would very lucky to have netted 5k of this production

    What management have taken out of the business in the form of salaries, associated entity payments and free shared vs what they have generated in net revenue must be running at about 200-1

    Maybe Fremont is code for Free money
 
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