AKK 0.00% 0.3¢ austin exploration limited

Please Explain?, page-3

  1. 6,312 Posts.
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    Ah Auto tis a fickle world indeed where the alleged rampers reside.....

    @junior101 made a poignant post earlier when he suggested

    "For all those posting likes for  Dianella..I suggest you do as exactly
    as suggested..."do your own research"...you maybe suprised at what
    you find...."

    I check the regulatory sites often. The dates themselves tell a story.

    I really just wanted to gauge

    (a) did you already know (i.e. have you done the oft posted DYOR)

    (b) do you think this sort of information should be disclosed to ASX shareholders by announcement

    (c) when posters say they talked to management what did you talk about - the weather (yeah the weather is important sometimes), the mating habits of elk (also important from time to time as they hold up drilling) or things that truly matter like actual drilling (well bore issues, inspections, completions, etc.), finance (cashflow, capital funding, etc.), asset management and the like.

    What I know is for any stock transaction to occur you need a buyer and a seller. Do you need genuine buyers and sellers? No. I think it doesn't take Einstein to figure out possible scenarios. Never say never but the likelihood of hitting a 14,000+% IRR on a well is rather small (guessing) - but it could happen??

    What questions were asked about the presentation. Anyone cross check some numbers? Or do you just take what was presented as certainty. Bankers will tell you that skepticism is critical to evaluation.
 
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