AOK
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0.00% 0.3¢ australian oil company limited.

Ann: Redemption notice received, page-14

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  1. WhiteRhino
    387 Posts.
    lightbulb Created with Sketch. 17
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    04/06/18
    21:49
    Post #: 33487627
    Cheers. So pref B = $30M & pref A = $15M.
    What a pickle we have got ourselves into.

    If we can somehow survive with Snake River, we will end up with $40M debt, and producing about 600-700boepd.

    We then spend $10M on workovers and exploration in 12mths and can get to probably 1,800-2,000boepd.

    At about $40 margin at current prices, would generate $30M p.a.
    AOK Price at posting: 1.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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