AKK 0.00% 0.3¢ austin exploration limited

crap flow rates,crap management,crap outlook for the...

  1. 4,559 Posts.
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    crap flow rates,
    crap management,
    crap outlook for the company...
    The new AKK is just like the AKK of old...
    even with a positive outlook on its project, the company will struggle to make more money than it spends..
    im sorry to say it, but a cashflow negative position will hold for the long term, until no-one will lend them anymore money...


    as per your numbers, (positive outlook scenario)...
    4 million per year wont be enough for this company,
    its expensive just operating a shell oil, let alone one like this...

    .^sc
 
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Currently unlisted public company.

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