AKK 0.00% 0.3¢ austin exploration limited

gas deal done!, page-21

  1. 1,304 Posts.
    "This is a good thing for you guys - surprised by the reaction. The SPP is really now funding EFS and working capital."

    Absolutley...from the CR announcement...

    "depending on the amount raised, then a well at Birch is planned to be drilled in July to become the first horizontal well targeting the Eagle Ford with multiple frac stages at Austin’s Birch project in Texas, USA."

    This well might be an absolute bell ringer. As you say, the funding component of the proposed $8mill CR earmarked for Pathfinder is now no longer needed for that purpose. We could have the next major Hz in the news flow within 2 months.

 
watchlist Created with Sketch. Add AKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.