Not sure if anyone noticed but the latest Financial Report included Project Management expenses amounting to $494,840 that related to "legal, professional and compliance costs for the proposed 2013 listing on the Canadian stock exchange". A Canadian listing could hopefully expose AOK to investors who have a better understanding and appreciation of the Mississippi Lime and its potential.
The company has also updated their website which has links to a Fat Prophets Analyst Report:
http://www.austexoil.com/IRM/Company/ShowPage.aspx/PDFs/1445-44966468/FatProphetsupdateonAusTexOil21Feb2013
and a presentation made by Dan Lanskey at the Excellence in Oil and Gas Conference in Sydney on 18 March 2013.
http://media.openbriefing.com/resourcefulevents/eog2013/Austex%28AOK%29/AOK_Custom_060313/index.html
One interesting point I noted in the presentation was their intention to secure a debt facility shortly which will be used to increase the number of well drilled from 6 wells per quarter to 9 wells per quarter.
Also mentions that discussions to increase their landholdings in Oklahoma are ongoing.
Looking good IMO.
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Open | High | Low | Value | Volume |
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4 | 51800500 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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