I don't doubt that you would ...
I am aware that AKK has no debt. YOU specifically said
"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"
That is what's laughable. Talk to a bank about what a bank cares about and they don't care about what the borrowers forecasted IRR is (using whatever assumptions & exclusions they use) on the funds.
What kind of research do you do anyway?
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