AKK
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0.00% 0.3¢ austin exploration limited

pel105, page-22

  1. Johno247
    14,914 Posts.
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    18/11/11
    15:31
    Post #: 9307611
    I just did the figures again and it comes in at between $76 and $486m. And i also didn't consider production costs, only the production in dollars.

    This is 32 wells multiplied by the estimated production per well of 2.4m and 15.2m

    So i was obviously being overly optomistic by hoping that all wells will be producing $15.2m

    Still, the average of those figures is $272m

    Which is enormous for such a tiny market cap.
    AKK Price at posting: 3.3¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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