AOK 0.00% 0.3¢ australian oil company limited.

Ann: Raising up to $US17.5m to fast track Snake R, page-15

  1. 3,106 Posts.
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    re: Ann: Raising up to $US17.5m to fast track... Its a far better deal then giving them say 3% production off the top for the life of any new wells that they fund or a deal of that sort. At least this is completely transparent with known costs.

    I think for a small company they have done okay with this deal and I am normally pretty negative on AOK.
 
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