I can totally empathise with holders frustrations regarding the lack of news coming from AKK at the moment.
What I find interesting is the company is quick to go into a trading Halt when announcing something positive, which sets an expectation for shareholders when communicating results. It was AKK management who announced an imminent result on Birch#3 so it is logical to expect a further update would be given shortly.
I am surprised they have not made any progress reports regarding the drilling or fracing at Pathfinder considering the play has so much potential. I think it is fair and reasonable for holders to want an update on progress, that doesn’t mean just results but to be kept informed on all matters which may affect their investment.
Cheers Matsim
AKK Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held