Originally posted by bevter
This thing leaks, and there's a bit of buying.
That contract can't be far off.
Glad I picked a few more yesterday @ .007.
I got some at .008 on Friday.
Didn't realise it was the old AKK and yes there is history there for sure.
But in saying that not knowing that it was the old AKK didn't cloud my judgement on the possible medium term move I am seeing here.
Cashed up, stable revenues from current oil production, drilling two wells starting early next month and a possible gas off-take agreement that could come at anytime. Oil price on the rise.
Besides some kind of disaster .007/008 is pretty good buying imo.
Chart looking like it wants to turn up as well.
See how we go.