AKK 0.00% 0.3¢ austin exploration limited

annoucement out, page-14

  1. 21,471 Posts.
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    What difference does it make whether these prospective partners are "multi billion" or "multi million" dollar companies?
    In fact, it might be much better if the company was not much bigger than AKK. There are "only" 4 wells involved, which has "cost" AKK 70% of the lease, and with a very large partner, we might just have to wait much longer for them to fit, what, to them, will be an extremely small project, into their otherwise comparatively very large drilling programme.

    Let's just wait to see ALL the fine print, including the time table for drilling before we get too carried away. The "market" is clearly doing just that.

    And was there a "smallish" leak this morning when we saw 2 million shares get snapped up @ .15 pre ann??
 
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