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0.00% 0.9¢ australis oil & gas limited

Always risk involved if they don't get commercial finds but I...

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  1. mad max
    2,564 Posts.
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    15/06/18
    15:45
    Post #: 33740995
    Always risk involved if they don't get commercial finds but I have liked this from day dot

    - Great Potential Assets
    - Cheap purchase price of assets while oil market was down.
    - Large land holdings ... so in oil sweet spots or next hot spots
    - Existing oil producing assets generating cash .... future infill drilling to boost production & cash
    - Proven & experienced management >> old AUT board that got bought out at $4.50.
    - Large amount of cash in the bank.
    - Large line of credit facility .. up 75-$100m

    Let the drilling begin & hoping for success.
    ATS Price at posting: 43.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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0.9¢ 		Change
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