AOK 0.00% 0.3¢ australian oil company limited.

re: Ann: AusTex delivers record Quarterly Rev... Agree whynot.I...

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  1. 500 Posts.
    re: Ann: AusTex delivers record Quarterly Rev... Agree whynot.

    I just don't understand the market on this one.
    These guys have very low cost wells, returning capex in around 3 months. That is very impressive.
    And another 6 more flow tests to come real soon!
    Given there's 9 wells at the moment, another 6 is going to double things up again.
    To me, these guys have begun a real growth journey.
    It's easy pickings at these prices.
 
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