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0.00% 1.7¢ austex oil limited

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

  1. ricky99
    3,095 Posts.
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    22/10/13
    09:09
    Post #: 12468483
    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.
    AOK Price at posting: 14.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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