Ann: Austin strikes Oil in Colorado-AKK.AX, page-224

I am not sure why you are quoting a director who benefits not only as the COO but also as from the drilling directly. Don't forget they will need more funds and the guy above benefits the most the longer the company operates the more they drill . I do expect another positive announcement of two by the company to push the SP higher, it may include photos of Tim Hart on the ground having slipped on the oil dripping from the ceiling , and perhaps another one with the truck bringing the production facilities to the well lol

Seriously though , Cmonassuie post has confirmed three things
1 very low probability this well will be a company maker
2 very high probability shareholders will continue to fund this companies activities and line the pockets of the COO
3 . Very low probability this company will become cash flow positive any time soon

Having said all that , if the traders who don't care about FA , I still do think there will be some good trading opportunities as I am certain they will follow last Ann with a couple more which should create 20-30% profit opportunities