historical highs, page-5

Ice, some good questions, I have been wondering for some time what the SP would be if the 500 squared program hits it's targets. Taking into account that the first part of the program nearly doubled the stated aim of saving 500k non core costs and IMHO we are well and truly on target to reach 500 barrels a day production come early 2013.

I would like to think we could get to something like 15 cents per share, if we hit 1000 barrels per day something like 30 - 35 cents per share. Blue sky maybe 50 cents per share.

The problem with the above is that the market as a whole IMHO is very, very risk adverse, $ going into US bonds etc.

Oil price has plenty of room for upside so the way I see it is: 1000 barrels of oil per day @ $100 per barrel x 365 days a year = > $35,000,000 per year on MC of 28mill.

The above may not come to pass and some may strongly disagree but willing to put the reasons for my continued confidence in AKK in print. I would add in closing that even with all targets reached or exceded the market will decide the end result, pehaps 10 cents???