P Pretty well spot on. The shareprice is dependent on the oil...

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01/02/16

18:15

Post #: 16916300
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Originally posted by The Anomaly ↑

You haven't lost anything until you sell
I am in a similar position to you and most others I would assume.

In all honesty I am a happy with what management have decided to do.

Now that we have divested in Texas and Mississippi, we have essentially turned from a micro producer to solely an a explorer. For me this pivot in strategy is our best play in the current climate, we have pretty much gone all in now on Colorado. This was always our flagship asset and now we have pulled what resources we have left to focus solely on this project.

The Texas debacle was rather unfortunate. I think we did well turning the Birch property into a producer but as soon as we did alas marked the start of the whole oil price collapse. But what I think is important to take out of the whole saga, was that management proved that they have the ability to identify overlooked potential and then actually realize that potential.
Their means on doing so can be debated but for me that’s the key thing going forwards with Pathfinder.

This is our last chance to pull a rabbit out the hat, and i’m sticking around till the end of the show.

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Pretty well spot on. The shareprice is dependent on the oil price though and if AKK can keep things happening until the oil price rises things should work out fine.

AKK Price at posting: 1.1¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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Add AKK (ASX) to my watchlist

P Pretty well spot on. The shareprice is dependent on the oil...

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