re: Ann: Drilling Update Sugarloaf Shale Gas ...
Thanks mate for that very informative analysis .The eka/aut ratio widened due to doubts as to whether eka could unlock the potential of their situation in the scheme of things whilst aut was going ahead in leaps and bounds .
I don't really think the penny has dropped in the market that those doubts have now been allayed due to the funding arrangement which should now allow eka to grow across all of its areas .I think we lot,informed here ,have been the only ones buying these for the last few months but as soon as some brokers really get off their backsides and do the numbers ,and indeed the stock assumes a marketable MC ,you're going to see a significant rerate .This stock has been doing it all on the support of a few insiders and savvy investors so you can imagine what might happen if someone serious gets interested .They're tightening up all the time
EKA Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held