AKK 0.00% 0.3¢ austin exploration limited

Aren't u tired down ramping of using failure on debt funding? My...

  1. 161 Posts.
    Aren't u tired down ramping of using failure on debt funding?
    My thread is about upcoming well, but u bring the debt funding. If you are missing out the entry or try to accumulate, please be decent and pay the price.

    What is investor looking?
    They would love growth and/or return. Atm, the company has great growth. The return will be near in future. Look at AOK, once they have growth, SP spike. I try to paint the speedy drilling by Halcon, and income from the productive well. Per annual report, cash flow is starting to be realised this quarter from Texas.

    Also, The company best capabilities is experience from big player (Halcon, Petromax, and GPA). They have capital and technology. I believe, some of us disappointed when the company sell out 70% to Halcon. It's fruiting now by having 5 wells and more coming.
    Look for the scenario:
    * get debt funding, SP will be around 4-5 cents
    * CR or SPP, SP will be around 3-4 cents. (Note: depending dilution, as it will impact ROI and EPS)

    Sit tight and accumulate more.


    DYOR. GLTA.
 
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