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I was just thinking about my previous post, we are about a week from start of drilling in the EFS. Volume has been solid over the last few days, and we are yet a week away from drilling in the EFS.
However, I keep thinking about PEL105, because if the ground has dried up sufficiently then by rights the SA gov, would release the license from suspension and I would be dead sure that both ADE and AKK would be keen to start drilling ( time will be a factor in promoting the need to drill asap) ( my bet on this is watch for an announcement pertaining to the SA gov as a lead).
Hence, AKK will still need further funding to drill both PEL105 and Niobara Shale, they rasied
$8 - 10 mil in a hard market but now the markets got a little more harder, however look at the expertise in management AKK are building up and the areas acquired, this will appeal to larger investors, maybe institutional. I mentioned before that other companys in the EFS and Niobara were able to raise further funding, why not AKK?
Maybe my gut feeling is working overtime.

<blockquote data-quote="jetblack" data-source="post: 657930" data-attributes="member: 16651">I was just thinking about my previous post, we are about a week from start of drilling in the EFS. Volume has been solid over the last few days, and we are yet a week away from drilling in the EFS. However, I keep thinking about PEL105, because if the ground has dried up sufficiently then by rights the SA gov, would release the license from suspension and I would be dead sure that both ADE and AKK would be keen to start drilling ( time will be a factor in promoting the need to drill asap) ( my bet on this is watch for an announcement pertaining to the SA gov as a lead). Hence, AKK will still need further funding to drill both PEL105 and Niobara Shale, they rasied $8 - 10 mil in a hard market but now the markets got a little more harder, however look at the expertise in management AKK are building up and the areas acquired, this will appeal to larger investors, maybe institutional. I mentioned before that other companys in the EFS and Niobara were able to raise further funding, why not AKK?Maybe my gut feeling is working overtime.<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /></blockquote>

[QUOTE="jetblack, post: 657930, member: 16651"] I was just thinking about my previous post, we are about a week from start of drilling in the EFS. Volume has been solid over the last few days, and we are yet a week away from drilling in the EFS. However, I keep thinking about PEL105, because if the ground has dried up sufficiently then by rights the SA gov, would release the license from suspension and I would be dead sure that both ADE and AKK would be keen to start drilling ( time will be a factor in promoting the need to drill asap) ( my bet on this is watch for an announcement pertaining to the SA gov as a lead). Hence, AKK will still need further funding to drill both PEL105 and Niobara Shale, they rasied $8 - 10 mil in a hard market but now the markets got a little more harder, however look at the expertise in management AKK are building up and the areas acquired, this will appeal to larger investors, maybe institutional. I mentioned before that other companys in the EFS and Niobara were able to raise further funding, why not AKK? Maybe my gut feeling is working overtime. :):):) [/QUOTE]

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