1) I'll go with Gustavson & Associates who came up with the reserve numbers - 30 years in the game - versus backyard hacks with agendas who are deramping to get cheap stock . http://www.gustavson.com/
2) Read between the lines - "bankable reserves" and discussing a senior debt facility. So AKK most likely are close to announcing a debt facility with someone again who obviously believes in the reserves report. You will be embarrassed again shortly would be my guess here.
3) before you try to wipe your a with the report it, remove your finger.
Cheers.
AKK Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held