AKK 0.00% 0.3¢ austin exploration limited

Ann: AKK expands asset base in Colorado with acquisition of adjac, page-42

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  1. 19,194 Posts.
    lightbulb Created with Sketch. 598
    Would you be annoyed if SIs were told breakeven is US$38, but CEO states $30 and COO states highly profitable at $40.?? Misleading? statements

    This is all a distraction.
    Strategic BS

    as many have picked up, if these deviated wells are world class and there are 387 locations filled with 790ft oil columns

    Why is there now no money to drill them?

    Even if the FULL CR is filled, $600 left is only enough for admin next 2 quarters. NO drilling.

    So what's going to happen in early 2017?

    yup, you guessed it
    Last edited by Sector: 09/12/16
 
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