AKK 0.00% 0.3¢ austin exploration limited

Ann: Disclosure Document - Supplementary Prospectus, page-32

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  1. 1,390 Posts.
    lightbulb Created with Sketch. 17
    So Cmon...what is AKK telling us here with Florence purchase....

    1..Price is right..on my figures

    2. Do the sums yourself..on potential as 'connectecd" fields
    allowing for at least surplus acreage with 6 wells ready to go.

    3./The Saudis want $60/bl..plus to make Aramco sell off look attractive...
    that would give AKK ..IRR ..close to....$100/bl..

    ..Clearly..what other Junior oil..offers such profitable price structure
    on a sustainable Accounting basis given AKK's business model
    that makes money at..$30 oil..

    Cheers
 
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