AKK 0.00% 0.3¢ austin exploration limited

placement, page-35

  1. 1,304 Posts.
    "I don't see the stock going much above 2.5 c even if current drilling program delivers but on percentage terms that is good upside."

    Not an unreasonable proposition Auto...on current drilling program alone

    BUT...

    The accelerant beyond that ( and nicely sequenced for constant news flow or anticipation thereof) is...

    -Pierre spud (fairly soon it would seem...not 1 but 3 wells)
    -Kentucky 5 well enhancement ( not massive but solid sustainable production
    -completion of gas gathering at Pathfinder and associated Mercator GSA on completion
    -completion of Pathfinder discovery well and calibration of flow rates
    -2 additional wells at Pathfinder

    This is why gassed is excited. All the rest is just HC argy-bargy Auto. You know how that all works.
 
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