AKK 0.00% 0.3¢ austin exploration limited

Ann: Investor Presentation - Pathfinder - An Iconic Oil Opportuni-AKK.AX, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 15,774 Posts.
    lightbulb Created with Sketch. 268
    I am glad I am entertaining you , I can only return the favour as you have been a barrel of laughs
    Read the ann - did they mention any oil shows in well two or three... Nooooooooo

    40, 50, even 60 AKK is not self funding
    Why , because admin alone costs 2m per year , add cost to drill wells etc and still can't fund existance and I am generously assuming an average daily production rate of 400 per day which is in itself highly unlikely
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add AKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.