AKK 0.00% 0.3¢ austin exploration limited

Ann: Disclosure Document - Supplementary Prospectus, page-19

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  1. 6,312 Posts.
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    Junior,
    For that factual post you earned your desired "like" as I agree ... it does indeed show the pitfalls of investing ... in this sector and others.

    Your other posts are rubbish... absolute rubbish. I am certainly not accumulating as AKK cannot demonstrate how they can earn NET INCOME.

    You will learn the pitfalls of relying on EBITDAX. Remember their EFS JV Halcon? And many more. But of course AKK has no debt so the "I" is zero. And with all those accumulated losses the "T" is zero too.

    Just a crying shame you can't drill for zero because when you add that in the earnings go up in smoke.

    Knock yourself out ... you've demonstrated your subject matter expertise. Wish you and all the longs all the best ... but try not to make things up.
 
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