AKK
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0.00% 0.3¢ austin exploration limited

With completion, the well would have ended up being closer to...

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  1. Sector
    19,194 Posts.
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    08/10/16
    12:57
    Post #: 19716353
    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
    AKK Price at posting: 0.6¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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