Totally agree, AOK for me now has a clear direction. Maybe we were just speculating in the wrong direction but that last announcement has cleared up quite a few points.
I think that exit rate of 2,000BOEPD is achievable, especially with the RBL in near future, could we see a 3rd rig by end of September quarter?!
Good times ahead for AOK, might just take another few months before we see another leg up into the low/mid $0.20's
AOK Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held