ATS australis oil & gas limited

Ann: Annual Report to shareholders and Appendix 4E, page-13

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    unlucky_bacs

    I hear you ... I am down significantly in the red $$ ...I was part of pre list raising and additional raises and had stars in my eyes thinking of AUT days being a repeat for ATS. It all sounded incredibly good however they didn't consider having enough money in the kitty to drill it alone for an extensive period of time + some drill wells that didn't come to full potential due to drilling issues .. now they are totally hamstrung in regards to moving forward until they have a partner due to financial / risk restraints.

    I gather you are Euroz client in WA?

    Cheers
 
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