AKK 0.00% 0.3¢ austin exploration limited

success news of next two efs wells ?, page-15

  1. 35,472 Posts.
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    "Suggesting that the "market" "COULD" and I stress, could, think that its opinion of the value of AKK, the M.C., is around $20 million??? How would that extrapolate with an extra 600 million added to the I.C.?? Scary!!"

    Its not scary at all now with the likelihood of any $ almost guaranteed to producing a return (never say never). As long as the up to $6m goes straight into 2 more 30% EFS wells.

    I really cannot envisage us going below 1c after the SPP, as long as the "general" market/ US does not tank.
    I think this is the final straw that will make this company

    We could have 7 EFS wells producing by early 2015...and by then full funding and revenue for both plays.


 
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Currently unlisted public company.

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