AKK 0.00% 0.3¢ austin exploration limited

Ann: Colorado Operational Update, page-46

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  1. 11,052 Posts.
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    Max, I will never be an investor in AKK again until:
    1. They provide a Qtrly which clearly shows how much product was produced and sold by each of their projects and at what price

    2. They provide a Qtrly which clearly breaks down their expenses (LOE, production taxes, G&A, Finance & Interest Charges) and any hedging for each project. This is the all important cash cost so you can determine operating breakeven

    3. They provide a meaningful investor presentation that highlights their FULL CYCLE costs for finding, developing, producing and selling a barrel of oil plus a Capex plan for the next 12 months that actually looks like a plan complete with how it would be funded and what returns should be expected and what contingencies are built into it.

    Otherwise, I agree with the Wabbit. It's a trading stock.

    I'll continue to post here for a while. I'm a lot more interested in O&G than in AKK.
 
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