AKK austin exploration limited

Ann: Funding Update, page-62

  1. 7,193 Posts.
    lightbulb Created with Sketch. 449
    Hi Shelcomm and other posters,

    Theories, financials, thoughts etc etc coming from all angles and to be honest I am overwhelmed with trying to work out where I stand with AKK.

    Couple of questions,

    1, Would AKK be considered a TO target due to the acreage they sit on?
    2, As AKK have no debt what are the chances they would need to shut production to await higher prices if Oil drops below say $70? What is the break even?
    3, In your experience, would you consider a company like AKK to be a reasonable bet to ride out any storm due to the fact their are an early stage producer with little to no debt

    Thanks in advance for any input, I am happy to be holding but it is tempting to risk a sell for a potential lower entry over the coming weeks.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.