AKK 0.00% 0.3¢ austin exploration limited

This is my first time on board the AKK boat looking to spec a...

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    This is my first time on board the AKK boat looking to spec a likely well leveraged play to the oil sector from which I have been absent a long time. To date can see the company and sector have not done any favours to supporters. This time round though it seems to me that if there are going to be any winners in oil, AKK is well placed to offer good leverage into this sector from current 6 mill MC micro base given what they have, are doing, and assuming oil prices must recover to add some stability to the precarious state of the sector and it's potential effect on the Howglobal economy. That's where I am coming from. Oil price must head back toward min 60 and soon cos the stakes are globally extreme if it doesn't. Given that motivation am happy to again invest up to 5 pct of my portfolio in what I consider to be an extreme leverage play with little downside corporate risk given the metrics exposed to date but adding my expectation of mid term oil price. And I have chosen the options as best leverage given the three years life span left in them. If within the next 3 years oil can modestly recover to levels which can keep the US shale oil industry alive, the impact on AKK will provide current generation of backers serious returns on modest evolution realised. How many 6 mill cap cos own 100 pct of their property which is proven to contain free flowing oil onshore at low end cost and can support so many wells if found to be viable, and located adjacent a producer of 15 mill nbls to date from similar geology? Punt yes but the potential is attractive. Soon we will know if worth riding it onwards. It's that simple for mine. Good recent disclosure to expose the possibilities. But over next 12 months I am factoring in a 60 buck oil price given the economic and geopolitical risk. My opinion
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