I know this announcement is not earth shattering in its content but it does say other well results due in "the coming days"... that surely is a positive. I was hoping to hit back to 2.5 cents today but no! Lacklustre, plenty of profit takers selling into the announcement.
I reckon the well results will make little difference to the share price without a plan for capital in Pathfinder.
I do also hear what Shelcomm said yesterday in that a capital raising even now will not even make much of a difference.
A capital raising now is only survival money really.
So what is the real funding plan AKK? Until there is a clear funding plan, I don't expect to be retiring from AKK anytime soon - lol
All I can say is these well results better be stellar!!
Cheers,
AKK Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held