AKK 0.00% 0.3¢ austin exploration limited

Marco Polo Well drilling, page-32

  1. 50 Posts.
    May be sector or one of the other AKK naysayers could explain why they have shifted the goal posts and are trying to set up a 'gotcha' moment when AKK plans for its next CR (if they in fact require one).

    It appears whilst originally saying 'AKK is going to bankrupt' the naysayers are now saying 'AKK will need a CR in order to expand.'

    To be honest I couldn't care if AKK requires 10 CR's - if they demonstrate strong flow testing results and an ability to quickly ramp up production in a macro environment of increasing oil prices.

    Why would anyone consider a CR in positive macro oil cycle conditions a negative thing?

    Is this what you are attempting Sector? - A 'gotcha' moment where you say:"AHA! - Austin requires a CR - I told you so!" - Because if so - anyone with a critical mind and foresight can recognise a CA to ramp up oil production in a positive macro environment would actually be a good thing!

    I think I will time stamp this post and see what sector and buddies say in the future as they are quite predictable in their down ramping.
 
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