AKK 0.00% 0.3¢ austin exploration limited

Ann: Drilling underway on the Columbus No 1 well-AKK.AX, page-45

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  1. 19,194 Posts.
    lightbulb Created with Sketch. 598
    With completion, the well would have ended up being closer to $8.5m.

    Remember also, your $6m is USD, and they are listed in $AUD, report in $AUD.

    so the well is closer to A$8m completed...around 140% of cap.

    Forget Niobrara for a very long time.

    2000-3000IP in good locations vs 400IP for same money.

    No-one will fund that
 
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