AKK 0.00% 0.3¢ austin exploration limited

whats the purpose????, page-19

  1. 2,314 Posts.
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    Hi VoKa - the dollafiddy question :p

    50 - 150 boed is a good outcome, any large figure over this + some hype should go to 0.12c+ imo. The great thing about this coy imo is that it is diversified, working hard and we just now wait on 'producing' from the promising investments and tenements. 400-600 is massive and would be truly welcome. Have that rate for a while then 65% decline after a year and a constant rate at 150+-boed for the next few years would be great.

    Proving these tenements wells and tapping the right geo is more important than anything else imho. Cottee will want to rinse and repat as much as possible. Luck all :p
 
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