Thanks Emo.
From this we can conclude that:
1) Atmos gas plant is still some time away from being reconnected.
2) Park City has been put on hold until Atmos issue is sorted out.
3) PEL 105 is still a big IF to be drilled by March.
4) AKK is spending a large chunk of the cap raising through:
- purchases of new leases
- drilling costs (add $500K to the current drill costs plus additional two wells in Armstrong = $1.5M)
- admin costs
I can smell a cap raising post completion of PEL 105. Cash will not last long at this rate.
TW
- Forums
- ASX - By Stock
- AKK
- responce to emails questions
responce to emails questions, page-2
-
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated