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0.00% 0.3¢ australian oil company limited.

the other big thing these guys are skitting on cash flow...

  1. akap
    631 Posts.
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    04/10/12
    11:22
    Post #: 10811158
    the other big thing these guys are skitting on cash flow positive now .. just did some rough maths... after production costs at $85 a barrel they're sitting on roughly 1.05m a month
    (450boedX365X85-15% for production costs and admin)
    ...
    cost of 2 wells a month of 1.2mil. so close its not funny :) one or 2 more wells will do it
    AOK Price at posting: 13.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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