AKK 0.00% 0.3¢ austin exploration limited

Ann: Drilling underway on the Columbus No 1 well-AKK.AX, page-16

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  1. 19,194 Posts.
    lightbulb Created with Sketch. 598
    and a true cost of $1m, given they are back for more money, not for next well, not for completion but to actually finish the 3rd well deviated section.

    Seriously, your "announcement" timeframe as you point out didn't even make sense for 3rd well. 2 steps forward, 3 backwards LOL.

    So $1m "True Cost" (like an AISC) at $41 gross after Rocky discount on midpoint 56k EUR, would look rather sickly I am guessing Cmon?

    I get 1/2 that EUR spitting out a gross revenue of $1.148m with NO NPV discount.

    True payback over a year.
    Doomed imo
 
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