AKK 0.00% 0.3¢ austin exploration limited

Fundamental Financial Analysis, page-36

  1. 8,670 Posts.
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    cmonaussie, you have been in this, like I have for long time. probably have been burnt, like I have, big time.

    I think this company smells bad, did for a long time now. Ok, they don't have debts, but they have bloody got money for some drilling. After that, what? who is going to lend? remember the gushers....and then nothing....and they know how to take costs for admin from hopeful SH, meantime, no SH value, drive their investment to nothing. Remember this was going to be a 1B $ company.....and now has a MC of 6 million.

    run away, as fast as you can, is my sentiment, dyor
 
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Currently unlisted public company.

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