Don't take it as valuation, but future potential. It reminds us for upcoming potential (similar to LNG report, where waiting gas deal).
I can't wait the upcoming news for (with week expectation):
1. pathfinder (oil and gas resume) update, my guess it will be next week (14-18 July 2014)
2. follow by Colorado C-18#1 ip/drill update by the following week (21-25 July 2014)
3. fourth quarter activities & appendix 5B ( will give us some hint for the income) (28 Jul -1 Aug 2014)
4. then nemo & kaiser ip (by 31July or early, hope mscara or other can find out early than halcon quarter result) (28 Jul -1 Aug 2014)
5. Finally, debt funding update or MoU will be good kick (4- 8 August)
GLTA. DYOR.
AKK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held