Don't be so pessimistic mate.
The selloff of oppies yesterday was peanuts.
I have a buy order in for 10 million oppies that is only worth $40,000.
If the flowrate is anywhere near 1000 bbls/day then the potential 60 wells they plan to drill could be producing 60,000bbls per day in about 12 months time IMHO.
What will the sp be then after Richard Cottee has also had the chance to weave a bit of magic.
He has a substantial following of financial backers and it would not surprise me at all if he did not do a QGC on AKK.
Hang on for the ride.
The results will tell where this is all going.
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flow rates here we come, page-15
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