Not entirely sure where they get 1 billion from however given the significant amount of news flow coming through I suspect we're likely to see the price move higher in the short to medium term.
Debt funding will be interesting - I can't see any banks fully funding AKK's drilling commitments going forward however I guess that the other factor to consider is that with a few wells coming into production and consequently the company earning income perhaps a bank would consider providing a revolver type facility that can be drawn down to fund drilling and then be paid back by an ever increasing production profile for AKK.
I don't think we're out of the woods yet however credit where credit's due - the stars appear to be aligning for AKK.
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