AKK 0.00% 0.3¢ austin exploration limited

Just on that, I think some realism is called for in the flow...

  1. 290 Posts.
    Just on that, I think some realism is called for in the flow rates, whatever they might be. These are wells in a shallow shale play and any oil is a bonus. Its' real significance in the current context is to provide short term, quick and easily obtained cash flow while the company can get organised with the gas connections of the 17 wells, prioritise its use of funds for exploration accross the various projects and work out how it will fund that programme(one can only assume by raising more capital).

    Dont mean to be a killjoy but IMHO of the flow rates of the 4 wells are high single or low double digit BOPD (along the lines of F1's calculations) then that would be a very good, realistic outcome and be the start of the company re-establishing its credibility and potential.

    By the way F1, any chance Force India will get points before the end of the year?

 
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