I do agree that AUT is definitely the superior company, but it doesn't necessarily mean more money will be made by investing in it. At current prices I think similar value will be made in both shares in the coming year(N.B. I hold both AUT and EKA) but an acquisition or two by EKA could turn the tables around.
EKA needs to set their sights on securing more assets, so we can strive towards where AUT are positioned at now. Sure, as more Sugarloaf wells come into production, value will continually be added to the company (and share price), but I'm really hoping a JV for Magueyitos or more acquisitions can be achieved in the next 6 months.
EKA Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
