Theres two companies Ive recently seen that are doing similar sort of things to AKK and look so much better...
Both have fallen quite abit, but not as much as AKK from its heights... and both companies have decent shots at becoming cashflow positive with self funded drilling programs... Id Say that there is zero chance of AKK becoming cashflow positive... it is obvious that management have no idea about what they are doing... and have given every indication of that to investors... glad I sold above 20cents...
this stock could go much lower... Im picking that it wont be around in a few years as no shareholders are going to give them money again...
what a shame... Park city is worth One dollar if managed properly...
this stock was suppost to perform even in a market crash...
should be 60cents now and 30-40 completed well hooked up and earning revenues...
Instead the processing plant cant take bugger all, and nothing is being done...
There is nothing exciting about Austin...
ive said it before, I will say it again...
take your money and run to AOK... see the presentation...
I dont hold AOK or TEXON...
currently hold mostly CUE quite a bit in LMP... smaller holdings in CTP and a recent one in TEXO...
bye for now... all the best...
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Simon Kidston, Non--Executive Director
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