AKK 0.00% 0.3¢ austin exploration limited

m/c's, page-7

  1. 11,058 Posts.
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    Why stop at $65,000/acre? Baytex is shelling out $US104,000 per acre to buy Aurora's EFS assets..

    http://www.theaustralian.com.au/bus...820947279?nk=31e004f1f4d9c61f49bfaace5aa26758


    Or even the more "modest" $73,000/acre shelled out by PVA
    Land Acquisition Acceleration
    The Company estimates that well economics would yield a PV-10 value of $73,000 to $135,000 per acre versus land acquisition costs of approximately $3,000 per acre. The Company has added approximately 8,900 net acres to date in 2014

    http://biz.yahoo.com/e/140610/pva8-k.html


    What do those properties have that AKK does not have (yet) to garner such price? There's a reason for the price being what it is.
 
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