Ann: AusTex's Daily Production Averages 500 b, page-24

re: Ann: AusTex's Daily Production Averag... Agree with Dis. Would prefer if the capital raising occurred at a higher price but unfortunately, AOK do not have a good track record on that front.

Based on page 24 of the presentation referred to by Dis, they will need around $6 million to carry out the drilling they have planned for the 2nd half of the year. With around $7 million in cash as at 30 June 2012, a capital raising at some stage this year is a definite possibility IMO (assuming revenues from oil sales are sufficient to cover admin/ corporate costs).

Will be interesting to see what effect a TSX listing referred to in the presentation will have on AOK's share price. Anyone else own any shares which have gone down that path?