AKK 0.00% 0.3¢ austin exploration limited

Looking forward with AKK, page-63

  1. 18 Posts.
    Thank you for the info. But let me remind you, that today is August 23-rd and the report you mentioned was March 15. Exactly. I know nothing what would be the result of AKK's current drilling program. Not to mentioned from AKK's other wells in the future. AKK surely needs plenty of money to do the drilling in the future. I know nothing what would the price would be in the coming days. Not to mentioned in the next few months?. Do you?

    I mean, I could all be wrong and I'll suffer great loss when those 2 variables turned out against what I expected. Oil company is a commodity-based business, a price taker. AKK could not set their product price as they wish. Unlike Hermes bag or Ferrari. AKK's management is not playing God. They have to do some works to get enough information and publish the result, known to us as 2P. So, unless you knew exactly those 2 variables now, my chance of being wrong is about the same of you being right
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