Be patient. Why?
* The production will increase once the drilled wells going online. So far, we got 5 wells (Nemo, Kaiser, Redbud, Curington, C18) going into prod soon.
* we got recent pathfinder C11-12 resume their O&G, production improvement in kentuky and Mississippi.
* There will be around 4-6 upcoming drilling (2 on pathfinder per recent announcement, previous pathfinder well C 14-01, 1-2 wells by halcon, 1 wells from Petromax).
I hope they will release cashflow positive news with total production number before debt funding. Also, it would be good if the company can release operation update news.
I'm happy to hold and buy more on weakness.
DYOR.
- Forums
- ASX - By Stock
- AKK
- further news
further news, page-88
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online