re: Ann: AusTex's Daily Production Averag... Possible capital raising maybe causing the recent cap in the price? They had $7million as at 30 June 2012. Each vertical costs $600k and their share of costs for horizontals are around $300k to $400k each. Add admin costs and they are now probably at a stage where they need more cash in order to drill more verticals and participate in more horizontals. Just a thought.
re: Ann: AusTex's Daily Production Averag... Possible capital...
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