AKK 0.00% 0.3¢ austin exploration limited

Fundamental Financial Analysis, page-48

  1. 1,528 Posts.
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    Haha yes there is very much a pass the parcel element to this stock - but it is a speculative stock so it is to be expected.

    Short 'ins and outs' is most prudent. Accordingly, traders will control this stock and do exactly that until it is safer for investors to stay in for longer in a 'set and forget' longer term investment strategy.

    As you guys have probably realised - I am bullish short term on AKK. AKK does not need to prove on audited paper that they have six wells working with continual high pressure rates for people to enter AKK.

    All AKK needs to prove is that they have 3 viable wells, with good flow test results at low production cost.

    This will be shown by AKK in a mere four to five weeks as sequential development continues. Not long from now Marco Polo casing in prep for flow testing will be announced and then AKK will only have one well to go!

    Exciting times - just look at the increased volumes - people want in on AKK so don't get bluffed out by negatively. It is why we are currently sitting on 0.6 instead of 0.7.
 
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Currently unlisted public company.

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