OTCPK:AUSTF - Post by User
Post by
SAMITHEBULLon May 29, 2004 7:53pm
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Post# 7548080
Hello and question
Hello and questionHope all the old gang is doing well.
One question:
ANG stated that it will cost them $100,000.00 to build 1km of pipelene and they are 25miles way from the border.
Does that mean ANG needs to build 40km(25*1.6) of pipeline in order to get to market?
I sure hope not, beacuse the only way we are coming up with $4-5 million is with another PP. and as much as i respect Don , ANG has done "little" with their PP's the last two years.
The production increases that ANG has put up over the past two years have been disappointing, given the fact, we have gone from 10 million s/o to over 50 million o/s with another 7-10 million on the way if we need that 40km pipeline.
Been in this stock for 3 years(in at .18cents avg),not being negative,just realistic.Right Crude?
Cheers
Samitheagingbull