AKK 0.00% 0.3¢ austin exploration limited

Ann: Performance Rights Plan Announcement , page-28

  1. 1,304 Posts.
    "What r u saying Section Leader: do u not trust our Dear Leader and Chairman anymore? Is he saying bollocks now? Sorry, then ... "

    sanyipenz1, Cottee is an old hand at this game and for a minute there he had a technical right to claim 500BOEPD so he put it in the annual report. If you only rely on what you read once a year you're playing a dangerous game.

    Until now, AKK followed the pattern, i.e. make a discovery, run out of money, bleed the SH etc etc on the promise of development upside.

    The reason I'm still here and accumulating is that even though its small potatoes right now, these guys are actually very good at finding oil and gas.

    Its the sustainable numbers that build companies. My pick is 750-1000bopd in 12 months.

    Devil's in the detail, best of luck to you
 
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