i'll let the underwriter take mine... you?, page-3

maybe P1000 but whatever way you look at AOC is very very cheap. One day the market will sit up and take notice, perhaps when a drill bit goes in the ground (6 weeks away?) and then us very patient shareholders might actually see some reward for our loyalty. The capital raising is actually been done as well as it could be IMO as they have not waited to "find hydrocarbons" and then diluted after the drill. At least now they will have more than $2m in the bank and if Hood Franklin comes in we will have a clear run. Too many companies ruin a good thing by diluting after a find which penalises the long term holders.