AKK 0.00% 0.3¢ austin exploration limited

Ann: Austin strikes Oil in Colorado-AKK.AX, page-345

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  1. 15,774 Posts.
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    for all holders, rampers and not rampers alike I suggest you all spend 10mintues and go through the last 2-3 years announcements by AKK, and see how many times they have announced they have hot oil, have great flow rates, 100% drilling success, pictures or oil flowing etc and what has come from all these announcements.

    What has come form them is little revenue, many CRs and the dollars have gone predominantly to failed uneconomic wells and management salaries
    Its important to do this so you don't get overexcited with their next announcement.
 
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