AKK 0.00% 0.3¢ austin exploration limited

Ann: Trading Halt-AKK.AX, page-19

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  1. 15,774 Posts.
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    Gassed
    You still haven't admitted you are holding ! As for the experts comments , let's make a distinction here between a pump and company making news. In my view whether they announce 400 or 600 or 800 boEpd from a a 24hr ip rate is irrelevant . The key is they produce at a rate that can prevent eternal CRs and I simply believe that is not going to happen . First thing is watch how the announcement will be oil equivalent. ( they will include gas )
    Go back and read previous flow rate announcement and see how some were as high as 1000 boepd on a 24hr Ip and a few 30 day ip rates at 1900o and 20000 boe that all amounted to nothing. With the oil price being 40 minus the discount AKK will continue doing what they do best. Provide false dawns and with each pump there is a new lot of suckers that get caught
 
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