Its been 4 months since our last report or any updates . lets hope we get something to hold hope this month . Poor share holder communication from management has hurt our share price heavily.
From the last mentions from AK there were supposed to be contractors on site 4 weeks ago ? The new pump was an easy repair when it arrives and on its way and drill rig contracted to drill two new wells. so far no mention of when this will arrive. So the question is when do we get an update. All of this should have been very close to completion and with a new well pump oil should be on line no later than the end of this month.
With the failure to build 4 klm of new gas line as its not yet required that will hold up a second pay stream from that area. which is disappointing .
We have now dropped from a 32 million market cap start of year to just 21 million which is hard to take for a company who has just reached production and a pay stream and share price way down at 0.03 .
In the next coming days before the end of month AK needs to provide something solid .
As for any acquisitions . I don't think we will see that until our pay streams at killa and Yarrow are producing .
They have had 4 months since last report and progress needs to improve as with communication
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