AKK 0.00% 0.3¢ austin exploration limited

I would love to know what their definition of cash flow positive...

  1. 352 Posts.
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    I would love to know what their definition of cash flow positive is. If you have a look at their recently released Appendix 5b statement revenues in the September quarter were running at less than half their admin and salaries bill much less covering any production, exploration and development cost. To think that in one month they have turned this completely on its head beggars belief. Todays announcement clearly indicates that can't raise the US$40 million cash they say they need. So now they are back to a hand and mouth existence. These guys are just so full of it reminds me of Marion Energy before it went under and Red Fork Energy now. Buyer beware!
 
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