Because the private investors that are putting in the capital to drill the project out require a four point test.
And there has been logistical issues getting the test done.
They will put their money in when they have the results from the first well.
The results are good from Austins perspective but they need it third party checked,and that has been the problem.
The Park City option cannot be signed off on unless they have private funding,and hence not diluting AKK shareholders.
- Forums
- ASX - By Stock
- AKK
- sg1
sg1, page-14
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online