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Ann: Colorado Operational Update, page-47

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Adriano1

2,647 Posts.

24/12/14

08:50

Post #: 14504537
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Originally posted by cmonaussie ↑

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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Cant ever seeing you being a shareholder with the current board, they like smoke and mirrors. They think they are protecting the share price. Far from it, cos when you don't hear much from them or theres not enough information in the reports, people are conditioned now to expect the worse and sell hurting the share price

Last edited by Adriano1: 24/12/14

AKK Price at posting: 4.8¢ Sentiment: Sell Disclosure: Not Held
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