ATS 9.09% 1.0¢ australis oil & gas limited

Ann: Chair's Address to Shareholders and Presentation, page-12

  1. 186 Posts.
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    Thirdeye can I ask you a couple of questions. How much did it cost ATS to drill their 6 proof of concept wells. What has been the $ value of the oil produced from those 6 wells? Has proof of concept been achieved? Why aren't experienced, cashed up, knowledgable shale companies buying in?
    What would be the response from share holders if an entity were offer 2.5 cents a share tomorrow?
    If the prospects of this resource are so good why don't the high net worth major share holders throw a mere $30 mil at it to drill 3 clean perfect wells. Would they be ones that stand to benefit the most. Why has this stock gone from 50 cents to 1.3 cents.
    Sometimes you have to ask the most basic of questions to get the logical answer. To talk about oil prices, politics, world events and the resource is irrelevant. I am sincere in asking these questions and interested in your thoughts.

 
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