AKK 0.00% 0.3¢ austin exploration limited

1 bagger

  1. 161 Posts.
    2014 will be AKK year. Amazing run from recent low of 1 cent to 1.9 cents. Hopefully, we will break 1.8 cents (resisntant) a year high.

    Why?
    * cashflow positive imminent
    * double/triple current production number
    * smart management, JV with cash up,  proven and advance fraccing technology, halcon and petromax for drilling horizontal
    * reward shareholder through 1 cents SPP
    * $40M debt funding in horizon
    * Good management team, with brown belt six sigma
    * Manage to improve kentuky output from mere 5 BOPD into 35 BOPD
    * Lean management, and plenty room to grow
    * ability to secure high value asset ( Colorado and texas)

    In TA:
    * 21/30 days MA crossed  200 MA, with 90/100 days about to crossed too
    * positive OBV and accumululation
    * uptrend HH, HL, HH
    * strong volume, support further SP going up
    * next ceiling is 2 cents, then 2.4 cents

    DYOR. GLTA.
 
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Currently unlisted public company.

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