Before you reply...Cmon...have you taken into consideration that
AKK ..internal rate of return calculations took into account..deductions for
1. Royalty of 25%
2.Severance Tax..2%
3.Well operation costs of $3000/month..
Do not forget that any of the Big 4 Aussie Banks would kill
for the projected IRR for these wells..given that the Banks
generally look at around 30%IRR..at best..
as being the yardstick for shareholder return..within a constrained
Financial environment..etc.
Cheers
- Forums
- ASX - By Stock
- AKK
- Ann: Chairman & CEO AGM Address
Ann: Chairman & CEO AGM Address, page-72
-
- There are more pages in this discussion • 8 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
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online