seems a bit incorrect to not include royalties as a cost when working out the IRR of the wells .
Apart from the royalties not included as a cost , (is the Govt not charging them (I doubt it )) They really need to show a more in depth look at their costs to justify the 7 month payback of a $500K well cost using a 98 BOPD IP .
Plenty of potential but personally I feel the per well cost of US $500K is still too high .
- Forums
- ASX - By Stock
- AKK
- Ann: Chairman & CEO AGM Address
Ann: Chairman & CEO AGM Address, page-2
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online