private offering of senior notes (aut), page-15

Estrogen
Apologies, I do hold the stock.

Do AUT need $200mil for drilling activities and to reduce $30 mil of debt? I think not. Furthermore they have stated quite clearly it's for acquisitions. that is quite clear if u read the Ann.
Your rationale for eka being good value whilst not really compelling only further cements the fact that this company is low hanging fruit for them. Its not " if "but "when " for EKA...