announcement out, page-36

This is a great deal for AKK maybe the timing for management was a little out, 3 weeks earlier and the SPP would surely have been oversubscribed. The positive spin though in regards to the poor take up is that we are less diluted, and still end up in a reasonable healthy position, we should end up with approx 6 mil as TBE points out, we have 2 good JVs worth nearly 40 mill, a potential multi million dollar gas deal, and further oil numbers to look forward too from Birch and Pathfinder.

That's not a bad little mix, well done AKK.

My recent buying at 1.2 cents is now looking good, but ive still got a long way to go before I make up all my losses from the oppies, oh sorry we are not meant to mention the oppies.

Good luck all

LWR