Its history repeating, and the same bunch of naive HC investors walking in and out of the thread, always with wrong information and wrong assumptions in hand, even if it is right in front of their noses...like today.
ie: some will call us annoying, yet don't even know the current financial position or cash at hand. ...punters
You keep saying it's new management, it's not, it's just deck chair shuffling
Just 3 directors that have walked and a bunch of employees let go.
you say "which, was based upon nothing like what they have now."
What?, they have had Pathfinder the whole time, they have LESS now than they had before...they have even shut in a $6.5m well on the same property because they can't sell the gas....history repeating?
They had announced 500boepd back when Cottee was around...yet now you say "have a very substantial asset" which is likely 50boepd.
They produced around 110 per day for a long time, but Mississippi is now gone....and even though they still have Kentucky - this "low cost" profitable (Hik) unit once re-completed for some 40boepd now contributes nothing..
Gassed, you sold heads, and didn't participate in CR. That's how much true conviction you really have.
Finally, what's half a cent got to do with anything, AKK still have a diluted cap far in excess of A$10m. and growing
AKK Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held