AKK 0.00% 0.3¢ austin exploration limited

Ann: Drilling underway on the Columbus No 1 well-AKK.AX, page-69

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  1. 13,065 Posts.
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    Joseph. I'm sorry that you think I say bad things about a company I don't want to hold. Actually, you are 100% wrong. If you try to read what I have said all along, I AM VERY interested in going back into this company, and soon. But, I had a very bad experience with the OLD AKK and am treading more warily this time. I actually give this new crack by the boys as a distinct chance of success and with the current SP at these levels, represents a very interesting proposition. Again, it is a two pronged scenario, a punt on the flow rates being successful for that quick spike, or, walk away having lost another bet.
    If one still holds after that spike, the second scenario is entirely based on the sustainable quality of those flow tests as to whether or not you turn your punt into a longer term investment.
    One step at a time for me, but, I'd be punting on this new mob doing a much better job than the old one.
    I'd be watching volumes very closely to try to interpret what "might" be providing some hints. Those last lot who took up the placement @ .006 hold the key to my next move. The SP hasn't gone above .006, so that tells us nothing yet and the AKKOAs are only fetching .001 and I don't think these that were received a no cost will do anything to give us a clue YET. Not long to wait now.

    Meanwhile, while there is nothing substantive upon which to base a logical decision, those that are getting sucked into the hands of the 3 wise men are doing nothing but stimulating their narcissism. I "might" start reading them again AFTER the flow tests and see their interpretations, but, not before. Absolutely pointless.
 
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