You guys keep talking about the past. the past...and other totally non related factoids like Permian metrics and acreage sales in core Wattenburg or Weld county. Distracting nonsense at best.
We have talked about the future in most posts.
Current oil price, and future expections that it's well contained.
current expenses/ G&A vs income from these 3 wells
current cash and cash flows and potential cashflows have been outlined by Cmon on multiple occasions based on AKKs own forward projections.
Need for more future CRs and when....ie: SOON again
They just do not stack up, whatever way you want to spin it at current oil price.
So, the other 3 amigos, when will AKK be self sustaining from this property and at what true NET oil price....as it's not $45.
As for legitimate companies trading on ASX and ASIC complaining nonsense, many companies run at a loss for years until it finally consumes them and another reminder today is KBL.
happens every week. MCS last week.
AKK Price at posting:
0.7¢ Sentiment: Sell Disclosure: Not Held