The trouble is, and more so in the penny sector, any type of anouncement can come at anytime and can be complicated again by what state the sharemarket or oil futures are at and none of that can be predicted ahead of time...perhaps that is why I am a longterm holder now ..
Can the shareprice rise to 3c + in a short time with good news or take 6 months? it could do either or niether really but when the debt deal comes through ( and at what terms) the drilling continues in a steady fashion and better still with a steady and rising oil price then the odds are on the shareprice going up over time...it's just what time.
Cheers Whisky
AKK Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
