IMO, results released to date for the Snake River Project have not been exciting enough to warrant a sharp increase in the share price. Frac fluid is still being recovered from some of the newer wells so it's still too early to tell and nothing has yet been reported for ETU# 17-6 which was completed quite some time ago.
Important to remember that any delays will reduce AOK's chances of achieving 500bopd (cash flow positive target) as existing production rates from producing wells are constantly declining.
More patience (and luck) required IMO.
aok - a take over target at this price, page-32
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
