AOK
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0.00% 0.3¢ australian oil company limited.

I would go the other way if I were them Konfi. We have enough...

  1. akap
    631 Posts.
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    01/12/14
    14:52
    Post #: 14385670
    I would go the other way if I were them Konfi. We have enough funds to drill 50odd holes with current debt facility + cash in hand (plus the net from sales). That could put us in the direction of 5k BoE. Which means even at something like $55 - 33% IRR we are still rolling in it.
    No more land buying for now would be my call sole focus on production for now.
    AOK Price at posting: 13.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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