around 2min mark explains some of the reasons behind ALK's poor...

around 2min mark explains some of the reasons behind ALK's poor performance.

general sentiment is still down and that is another reason for companies to be more careful how they do business.

on the bright side ALK may produce good exploration results...

Any strong results from Boda2/3, Driell, Konigin or Murga will drive SP lot higher. Any additional discovery (or confirming it in the case of Boda2/3) will add lot more credibility to NMPP and JV suitors will take that on notice.

Same if ALK produces strong results from any of the areas they drilled around Tomie. Any additional discovery around Tomie will cancel out (to a point) the budget blowout of the expansion as the metrics will look very attractive given LOM jumps by another 2-3 years and ensures few years of divis with potential for more if ALK can prove Roswell and SA (and few others) join at depth.

Id lucky and ALK produce good news from both areas then we will be fine.