TDT. spot on. AKK and the oppies look like really good value at the current SP. Cash was raised 3.5 cents, so those buying in now are getting a ride at 25% discount.
Market just doesn't like not knowing, so we are seeing a drift down on low volumes, until we get clarification on the up coming drill (in the meantime the flows from existing assets if covering our G & A)
Eagleford drill is exciting, will develop and grow. But what will put a rocket under AKK and SP is PEL 105 which is just around the corner, this will be drilled within 6 months (unless it starts raining again).
AKK Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held