"AKK should have a CV of close to $ 130 m by now"
Gary, I'd love to see your justification of this, bearing in mind today's announcement is a resource update, not a reserves update. You'd find that if most other ASX oilers released a 'resource' announcement like today's, they would all look impressive against their market value.
18 months ago, SSN were sitting on unproven, yet though to be 'absolutely prime' acreage. Look at where they are now. Just don't jump to conclusions too quickly.
Coopernic, I struggle to see how AKK is still not a speccy stock today. To say it's early days is an understatement. Of course there is potential, but in which ASX stock is there not?
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