My response:
SL - quote: "LIKE: tell me where the money is going to come from? and how fast are AKK going to drill in 2017?"
My response: this is your problem SL you cannot see past your nose. If AKK can drill and get high flow rates and stay higher than the cost curve then they are profitable. Yes it requires that AKK always keeps drilling new wells (at a cost) but the point is as a oil producer you get and stay beyond the cost curve. Until a producer gets beyond the cost curve it requires CR's. Although you cannot handle this SL - many of us can handle CR's in the mining industry so stop going on about damn CR's - we are happy with them if the outcome for AKK means they can get past the cost curve and maintain profitability. If you cannot handle it go and invest elsewhere - but stop being a pest here.
If AKK producers can dig wells cheap and produce good flow rates which it appears they can - I dont care how many damn CR's they do if they get beyond that cost curve at some point in the future.
SL quote - "Fact: AKK will have less than $300k in Jan 2017."
My response: One minute you are saying AKK has money until march, then February and now its January? You have been caught out for dishonesty a number of times SL and you expect people to believe you on this when your not only a persistant downramper but you continually ignore the facts of what AKK is looking to achieve? You have no credability here SL - you have been caught out too many times.
SL - quote: "and since you're threatening legal "advice" - watch out for your non-expert buying advice based on pure fluff O&G metrics. Your legal advice is worthless and pure bullying."
"You were still pumping this at 1.2c and many have lost half their money already."
Me - Once again you have been caught out on your dishonesty! I did not "attempt" to pump AKK at 1.2c - I was not even trading in AKK at 1.2c. I said specifically buy at 0.6c holders then had an opportunity (like me) to sell at 0.08c - for a 32% profit. Traders now have an opportunity to buy at 0.07c and await the impending big flow rate news.
Any person can do the basic calculation to get a basic ball park figure of current flow rates. And - as we know they appear to be high on Magellan.
Sector if you feel you get "bullied" as you put it, perhaps you should build some self awareness and understand when you become pestering.
Finally, With the amount of downramp you have posted and with the way you do it, it appears to be unsolicited advice. That makes you legally responsible. Im not threatning you with a thing - but other people may if they follow your advice stay out and AKK goes up a lot. I have stated many times the challenges that face AKK in a far more impartial way then you.
Lets try something SL to see if you have the ability to be impartial:
Tell me one positive thing about AKK that may mean they may show profitability in the future.
If you cant - than all you are is a persistant downramper who cannot on the face of the positive facts that do exist for AKK are incapable or unwanting to go beyond your negative partial stance.
To be fair and to show I am not just a partial upramper I will say one negative thing about AKK that may affect its profitability:
Me: AKK will likely require more CR's during 2017 to pay for the high well numbers AKK is looking to achieve. Despite this cost, AKK will be doing this to quickly increase productivity to a level that places them beyond the cost curve.
Your go SL - I dare you to show some true impartiality.
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