AKK austin exploration limited

Can't see the need for CR just yet. We are being free carried on...

  1. 363 Posts.
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    Can't see the need for CR just yet. We are being free carried on 5 wells.I would think managemeht would want to get those well cranking over and revenue coming in so we can fund drills of our own wells. Would be pretty harsh if they came to us now and wanted a 5:1 consolidation at a pissy 1.2c. They need to get these wells drilled, get this gas connected & sold, get the bloody revenue flowing and get the SP up like CTP. When things are looking much more rosy then they could maybe look at it.I don't even know who are major shareholdres and what the hold, i would imagine they would not look favourably at a consolidation
 
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