Normal
From AKK Institutional Roadshow of 13/9 , "Drilling to commence this month with a back to back 3 well programme testing Austin's Eagle Ford shale acerage. Drilling to commence in Niobrara H1 2012."AKK also mention this from their same roadshow "Assessing new venture opportunities - track record of very good deals"Of course you could read almost anything into that line, but they did grab both the EFS and Niobrara projects for cheap ( whether the market has a price percetion that cheap means not good ) considering what another ASX company paid for acerage in similar area in EFS. But with their roadshow presentation and management strength/expertise and their three current projects, I am beginning to think that the use of "venture opportunities" is that AKK are promoting for a leading major institution or institions taking a postion in the company, thats my opinion , like i said you can read anything into that but it sort of follows from my earlier thinking.Hartleys have also put out a research report on AKK, I dont subscribe to them but maybe somebody has read it and could share part of their interest.
From AKK Institutional Roadshow of 13/9 , "Drilling to commence this month with a back to back 3 well programme testing Austin's Eagle Ford shale acerage. Drilling to commence in Niobrara H1 2012."
AKK also mention this from their same roadshow "Assessing new venture opportunities - track record of very good deals"
Of course you could read almost anything into that line, but they did grab both the EFS and Niobrara projects for cheap ( whether the market has a price percetion that cheap means not good ) considering what another ASX company paid for acerage in similar area in EFS. But with their roadshow presentation and management strength/expertise and their three current projects, I am beginning to think that the use of "venture opportunities" is that AKK are promoting for a leading major institution or institions taking a postion in the company, thats my opinion , like i said you can read anything into that but it sort of follows from my earlier thinking.
Hartleys have also put out a research report on AKK, I dont subscribe to them but maybe somebody has read it and could share part of their interest.
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