What are you saying
Just because this company was set up a few months ago, has no operational history ,nobody knows if they have cash or the skills or equipment to buy and process the gas, and just because it's a MOU for a well producing 1mmcf ( very small ) and just because the MOU ( agreement over a coffee to discuss further ) occurred a day before another CR doesn't mean everyone should be getting very excited. This is great news. Especially since AKK was already kind enough to indicate the directional change in spin when they went from referring to themselves as a oil producer to an oil and gas producer !!
All good and all bullish holders will have another opportunity to buy more at .6c or .5c yet again . How lucky !
AKK Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
