AKK 0.00% 0.3¢ austin exploration limited

billions of shares, page-25

  1. 35,472 Posts.
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    "Beyond that...we're on the same page...The EFS is the company maker, not Pathfinder. Lets officially hold hands on that score Cmon"

    I am not sure I agree until I see the deal and what % we give away in a JV and for how many wells free carried compared to Texas which is a much smaller project.

    Pathfinder horizontals are around $2m cheaper from memory. $6.5m vs $8.5m

    I'm also not sure RC and the team will agree with you yet either.

    Right now I am of the opinion both are company makers at these levels. AND the value of the Pathfinder acreage has more potential for larger % returns by virtue of being undrilled previously.

    Either way, I am in 1.2c queue for another 1m and more as I can afford it.
 
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