AKK 0.00% 0.3¢ austin exploration limited

taylor sands testing log results. where????, page-17

  1. 613 Posts.
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    Again, it's not about whether the Taylor sands will be good or bad for the SP, it's about the apparent smoke and mirrors. If the Taylor results were poor then tell us (instead we are told it's capped), if Krueger is not doing so well then tell us (instead we are told about it's best day and 2 or so others), if Mississippi spud is delayed then TELL US!(instead we get silence)

    As another example, we are told over and over that the horizontal at EF will be chosen from the best of 3 right?
    Well exactly how quickly are the other 2 going to be drilled? I ask this because the latest operations report clearly states in the headers that the horizontal drilling in the EF is scheduled to commence in June!! That gives them about 5 weeks to drill a couple more verticals, evaluate results and commence horizontal. Really? If you believe that, then awesome, bring it on. If on the other hand you question how this might be possible, then maybe we should question other things?

    Agreed focus is on EF and Niobrara but why all the indescrepencies? It makes some people suspicious and question their investment. It's all well and good saying hang in there, she'll be right, but ultimately if people are starting to think things are not adding up then maybe, just maybe they aren't! Only management can quell these rumours with some good old fashioned honest announcements, good or bad. I just want to know one way or the other
 
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