The problem here is it will be about a month before we have real results, so it's very likely that IF AKK are overhyping to raise capital , it is likely to be done pre final results. I imagine that the CR will be done at a discount and will be relatively large to lock in funds for another 1-2 wells and prod facilities etc
Likely to see another consolidation as well so my conclusion is it may be best to wait to see how results stack up to post raising AKK
AKK Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held