OK debt free but do they still have the facility in place, i bet not. so the last placement of shares was to pay back bank and drill a few holes. if they dont hit anything they are screw and i dont believe they be able to use the facility anymore. i would of prefer they drill mroe hoels and than to pay back the bank. so the bank got there money and shareholders will get screw as less holes drill.
Ann: Austin Eliminates Debt-AKK.AX, page-7
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