ATS 0.00% 0.9¢ australis oil & gas limited

Ann: Reserve and Resource Update Year End 2022, page-14

  1. 4,089 Posts.
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    They bought up shit load of valuable oil bearing land
    Raised a shit load of money multiple times
    Failed on a couple of drill holes
    Realised they had not enough money in the kitty to keep drilling
    Share price tanked from 20s - 30s to now here at 4c
    Now we are here still without a partner

    Bloody mess
 
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