AOK 0.00% 0.3¢ australian oil company limited.

So… another capital raising.I just hope it’s a big one.Their...

  1. 261 Posts.
    So… another capital raising.

    I just hope it’s a big one.

    Their strategy of reworking old wells to generate a cash inflow to fund further exploration and development was a valid one, but it has failed.

    There is 70,000 acres on the books.

    And if you want to fertilise a field you don’t just fart on it.

    Its time to raise some real money and drill those horizontals.
 
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