"Regarding the latest announcement: the market continues to take a clinical view regarding AKK."
Agreed. The market calls it like it sees it, i.e a Junior effectivly selling acreage for a profit. What this does is fix a cash problem and lock in free carried exploration. What it does not do is reflect income from operational activity.
This is what the market is waiting for and the Pathfinder story needs to kick in next to deliver support for the SP. The next 6 months should see the focus return to what will be the first real income driver for AKK. I'd like to see a drilling time table released by the FO partner accompany the proposed August ann.
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