Problem with the report is doesn't factor in the 70% halcon has as part of our farm out. And it doesn't also take into account our gas deal either. Very poorly complied. Explains why the shares dropped today. Nearly made me bail today. When I read crap that the shares are worth 19 cents. When they are currently 1.2 cent, that's a massive red flag and usually I sell on that. Took alot of restraint not to press the button today. I'm in waiting for halcons results. For me Colorado is valued at zero, because we have all been tricked before re the 500 square rort last year. I want income in the bank before I even think of valuing Colorado acreage, cos I don't trust the company, like I trust halcon to do the right by us shareholders. Company wasted $21m last yr. Could have drilled nearly three horitizonals at birch. Instead most of the money was wasted on nothing wells and none are in production. Time to get things right especially at colorado otherwise it's time to roll the board. No more chances now
AKK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held