"Suggesting that the "market" "COULD" and I stress, could, think that its opinion of the value of AKK, the M.C., is around $20 million??? How would that extrapolate with an extra 600 million added to the I.C.?? Scary!!"
Its not scary at all now with the likelihood of any $ almost guaranteed to producing a return (never say never). As long as the up to $6m goes straight into 2 more 30% EFS wells.
I really cannot envisage us going below 1c after the SPP, as long as the "general" market/ US does not tank. I think this is the final straw that will make this company
We could have 7 EFS wells producing by early 2015...and by then full funding and revenue for both plays.
AKK Price at posting:
1.0¢ Sentiment: LT Buy Disclosure: Held