AKK 0.00% 0.3¢ austin exploration limited

How about putting up an NPV (and stating 20 years) without a...

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  1. 19,194 Posts.
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    How about putting up an NPV (and stating 20 years) without a discount rate for the time value. on top of your not incl. royalties and most likely Rocky discount as well.

    Kings of spin

    @cmonaussie
    @Autosime

    Slide 7: AKKs own G&A put at $circa $38bbl. AKKs own CEO states in recent radio interview profitable at $30...and Chair highly profitable at $40.

    Slide 11: 15.5 million barrels produced ----"From over 1000 wells"

    ...So what does that REALLY mean = well, 15,000 barrels per well average = do the Math even on gross rev.

    and there goes "World Class" again a few times more

    Slide 13: Development Plan. Take 85boepd IP, and that's over 10 years. = $124m.....but for 121 wells = do the Math. dud
    and then take into account all the "assumptions" below. (at least they listed them).

    They are going to need a lot higher oil price and find a way to deal with gas if this has any chance.
    As said before, minimum $60 to even survive MT imo.

    and next 2 wells need to be well over 100....using AKKs own numbers today.
 
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