AKK - Austin Exploration Limited
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   hibikijoji
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Username: hibikijoji Post Number: 394 Registered: 08-2005Rating: N/A Votes: 0
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| | Monday, February 25, 2008 - 03:25 pm: | 
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Third well starts;the effect - +100% :
From announcement "GAS AND OIL DISCOVERED IN NEW ONSHORE U.S. GAS FIELD" "Austin’s Park City drill schedule envisages that up to 44 producing wells will be completed by the end of calendar 2008 with the opportunity to drill more than 200 wells in total on the field by the end of 2011." A short cover by The Age: http://business.theage.com.au/market-hits-turbulence-but-some-strike-it-rich/20080222-1u11.html
Disclaimer : The views expressed here are for experimental practices only. They have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Please consult your broker or financial adviser before making an investment decision.
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   hibikijoji
Member
Username: hibikijoji Post Number: 397 Registered: 08-2005Rating: N/A Votes: 0
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| | Monday, February 25, 2008 - 03:45 pm: | 
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Their ratio for Cash-to-debt isnt that flash. Cash assets @ 7,803,000 Accounts Payable @ 5,884,000 That means they have ~2 million to dedicate to developing wells. They hold no long term debts.
Disclaimer : The views expressed here are for experimental practices only. They have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Please consult your broker or financial adviser before making an investment decision.
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   hibikijoji
Member
Username: hibikijoji Post Number: 398 Registered: 08-2005Rating: N/A Votes: 0
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| | Wednesday, February 27, 2008 - 11:50 am: | 
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Off the 50% fibonacci rebound on queue:

Disclaimer : The views expressed here are for experimental practices only. They have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Please consult your broker or financial adviser before making an investment decision.
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