Gassed,
I think even a $100m company for AKK now requires 1000boepd NET production as we have very little upside from land/ acreage now, so its all down to output of oil per day.
I can see CTP being a billion$ company one day, because they still have so much more acreage to JV.
AKK will not be a $b company any year soon.
projects too small, and we know unconventional requires constant drilling, recompletions, fracks and funding to get a small ball rolling into a large one.
Still undervalued under 2c imo.
4-5c tops next 2-3 years.
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Gassed,I think even a $100m company for AKK now requires...
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