ATS australis oil & gas limited

Ann: Half Year Accounts and Appendix 4D, page-20

  1. 190 Posts.
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    Yes agree interviewer had poor knowledge of the company. Dorothy Dix questions and even called the company "our company" at one stage.

    Need a capital injection by partner to conduct further drilling 12-18 months

    Need to complete future wells successfully

    Need oil price to rise substantially

    Stop issuing more and more free shares to management (nearly 1 billion shares on issue now) Aurora had 400 million after 12 years!

    Only time will tell. It could take a few years to get the catalyst needed for a decent run.

    Portugal was positive, positive and positive then dumped

    Company value gone from $500 million to $25 million in 2 years

    Trump is pro Shale, Biden seems far less in favour of supporting the industry

    I always believe the good things take care of themselves. You have to address the challenges.

    I do like the CEO he has been a little unlucky to date. You need little luck with these projects.
 
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