Cmon This is why I made the comment on Gassed's holding...

Cmon
This is why I made the comment on Gassed's holding disclosure.
What you will find, as they sell and take their losses or break even, they will somehow start to see reality ( as did Jackpot) and post about massive decline rates. Now that he has sold 98 bopd becomes 10 in weeks, but when he was holding 300 bopd was a company maker that will

This stock is a case of buy and pump, I think the facts are so clear even holders feel a sense of sell at the next pump and do their best talk up upside as much as possible

Plough, the margins on the well alone may be 11-15 dollars . but the margins on a group basis as still very nagetive. So the NPV calc probably covers a 9-10 year time horizon if not more. The issue is to drill these wells and pay the staff and other corporate costs, by the time you get an NPV of 1.77 m if you probably blown 10m on corp and other costs

No matter how you slice and dice it, the business model doesn't work. It needs continued CRs to allow the dice to keep rolling. For the boys at AKK, it doesn't matter as they collect their cool 300k salaries per year and whatever benefit they get from the math drilling business. This is why every announcement will be sugar coated, its always about the future, as the present is loss making and its all about the shoring up the next CR .