Ann: AKK expands asset base in Colorado with acquisition of adjac, page-23

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Autosime

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09/12/16

12:08

Post #: 21225473
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Originally posted by Autosime ↑

Wells produce for 20+ years, some for over 100 years
That line is for you Gassed. That is a Long term investment case if i have ever seen one

• Profitable wells, minimal operating costs, no-leasing fees and long-term haulage contract in place
Lifting costs plus haulage contract costs. You would imagine all in about 20 per barrel. from to 50 barrels in 5 years time, in 10 years i think they will be negotiating with deliveroo for oil collection, i can see it now, some 18 year old on a bike and a petrol can collecting the oil from saucepans
2.65 billion shares on issue on a fully diluted basis, and that's without the shares they will issue next year to actually drill. So currently every >1c adds 2.65m to market cap

This company will soon be competing with LKO as the worst small cap junior oiler. They have been listed for 40 years without ever making a profit

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sorry thats 2.65m market cap change for every .1c . By next year 3.5m for every .1c

Come on guys, do you truly see value here, its amazing that you do

AKK Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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Ann: AKK expands asset base in Colorado with acquisition of adjac, page-23

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