AKK 0.00% 0.3¢ austin exploration limited

Fundamental Financial Analysis, page-23

  1. 20,538 Posts.
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    Orion
    Again - I ask for some analysis. It is rubbish that AKK will make any money at 50 dollars per barrel. It is simple really. Even at 60 dollars, even if 3 wells are producing at say 50 bopd, they won't make enough to drill more wells and pay for corporate costs . The figures are there - 2 m to keep the lights on before any drilling . Don't post what someone else said that you can't find ,Post some actual analysis .
 
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Currently unlisted public company.

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