AKK 0.00% 0.3¢ austin exploration limited

further news, page-24

  1. 13,502 Posts.
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    It's a problem I'm happy to have gassed much better to have to find funds to keep up than have the operator lose interest. CR's are always a possibility at this end of the market but I doubt we will have on this side of the project funding which is unlikely to be much more than a few weeks away. Of course once we have that funding there is no immediate need for further cash.

    I'm sure HC and AKK are in communication on these issues at the moment and HC is full on itself anyway securing leases around its 100,000 acres.

    IMO it will be a month or two at least before the pace of drilling steps up at Birch.

    Cheers Whisky
 
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