the real value to share price, page-12

Johno I think we are more or less on the same page but slightly askew. I'll try and do a better job at explaining.

'But with different market caps come different expectations. All I am saying is that while it's great the company has doubled production, this must be looked at in context with the market cap.'

Cottee spoke about the doubling of production this morning. I am not referring to this in my post Johno. I'm referring to the likely (at least) doubling (again) of total company-wide production, from even a modest final result from Pathfinder, given we are already at approx 80bopd from 8% recovered fluids.

"What is the potential profit as a ratio to the market cap"

I truly don't think the market is paying too much attention to this just yet, we are just too small. Suffice to say its self funding or so we are told.
We are apparently as I mentioned, cash flow positive and fully funded going forward.

"How much probability they have of reaching this potential"

Total net production now 110bopd across all production units, and as stated above, we are 'already' at 80bopd from only 8% recovered fluids (not accounting for 85% net interest). It's likely that a final stable rate for Pathfinder will exceed 110bopd significantly.

"If Niobrara flows oil at 600 BOPD then I'd say the outlook is pretty darn good, but this is yet to happen."

If Niobrara and flows at 300bopd, add that to 110 and you get the idea.

The important thing with AKK is that these early production hikes (not the IP spikes) will determine profitability to what is 'apparently' a cash flow positive operation.

My own investment view, and I'm a substantial holder, is that as far as a comparison to market cap is concerned, we are only a 2c plus company at the moment. Given current activity, management profile, cooper potential and NOW, Cottee talking up farm in potential. I see way more upside than down.
All IMHO of course.
Good luck to you Johno and thanks for the responses.