I agree. Catch it on the up rather than lose the impact of a big ann on a shitty market.
I just hope that the PR company they have employed after the previous f up spells this out so even I understand how important KFC is for AKK LONG TERM.
Something along the lines of 50 wells to be drilled and if we get an avergae of whatever the first 2 wells are then it will be worth XXX million to Austin over the next X years would be nice. Might also like to add that the previous owners drilled 100 wells and EVERY one was a producer. That may help some of the AKK sceptics. Because lets face it, they have f'd a few up in the past...
Pete
AKK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held