AKK 0.00% 0.3¢ austin exploration limited

akkoa rip, page-40

  1. 3,094 Posts.
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    Some scenarios I could see from here are (in order of expectation):

    1. The wells produce oil but under expectation - share price gets hit further - cap raising follows shortly after to do more drilling as no chance of AKKOA being exercised or dragging in a farm-in partner

    2. Oil flows to match 500 squared objective - SP rallies a bit but not enough to get AKKOA over the line - cap raising later in the year.

    3. RC leaves AKK to focus on "other things(CTP?)" maybe he doesn't like the way that AKK is being "managed" either? SP would get a hit on that.

    Feel free to lambaste away!

 
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