Well i emailed David wall re the $.60cps potential valuation on AKK mentioned in there report and asked was it a typo and if not where does he see this potential valuation coming from.
and reply received
"Eamon
Potential value is not actual realised value “could” is the key word. Many milestones must be achieved but this is an indication of the possible upside.
The detailed initiation note should provide more insight – it is on the AKK website.
Dave."
So take it as you will they are saying if all mentioned wells are dug and hit payday $.60cps is possible giving the company a valuation in excess of $330m
AKK Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
