AOK
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0.00% 0.3¢ australian oil company limited.

re: Ann: $12.5m Raising to Further Developmen... The problem...

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  1. akap
    631 Posts.
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    17/10/12
    16:55
    Post #: 10873208
    re: Ann: $12.5m Raising to Further Developmen... The problem with horizontals are that they cost a lot more. Of a company this size the big problem you have with doing only horizontals is that if you come up with dusters (ones that hit no oil/gas) then your losses are larger. the verticals are safer and Cheaper... its a more stable long term game plan.
    Horizontals aren't everything
    AOK Price at posting: 13.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $2.833M
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0.3¢ 0.3¢ 0.3¢ $49 16.35K

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