AKK
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0.00% 0.3¢ austin exploration limited

uptrend confirmed, page-20

  1. thecableguy
    8,321 Posts.
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    15/02/11
    15:08
    Post #: 7894508

    Nice post dvmm.

    I have one concern with their admin costs. Over $1.5 mill in the past 6 months (560k last 1/4) is a lot for a company of this size?

    So in reality there still no where near being 'cashflow positive' as they have previously stated. Really hope next 1/4 shows a change in the balance.

    North Carizzo is a freak. I know other Austin Chalk drillers would love to have tapped into this section.

    Regards,

    TCG

    AKK Price at posting: 3.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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