AOK 0.00% 1.7¢ austex oil limited

Current situation, page-10

  1. 673 Posts.
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    very disappointed to see the share price where it is due to macro reasons. We should be seeing a run on the share price about now in anticipation of very strong October production figures. Was hoping to exit after the production figures for a tidy profit, but I'm basically back to break even.

    Fully hedged at $88, no debt (as yet), $20M debt facility available, strong well economics, probably 1,500 BOE as at October and close to 1,800 exit rate. Oilers not in favour atm, see what happens over next couple of months. wait and hold...again
 
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Currently unlisted public company.

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