AUT EKA

Ann: Second Quarter Update Presentation , page-12

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  1. macky17
    225 Posts.
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    21/08/12
    11:25
    Post #: 10598362
    mir,

    I've just checked back and i was wrong - it was $95million for the 6% sugarloaf AMI and $105million for Eureka's acreage. Combined AUT increased their share by 2,900 net acres.

    so that's $68,000/acre, which is massive.

    no wonder TXN are trying to sell their EFS acreage
    AUT Price at posting: $3.52 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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