AKK 0.00% 0.3¢ austin exploration limited

The well is running dry

  1. 20,378 Posts.
    lightbulb Created with Sketch. 1988
    Hi Folks
    It's seems even SI aren't buying the BS anymore.
    They placement was intended to raise 2.1 m from SIs and they raised 1.7m. What happens if we don't get the full uptake on the priority offer. They need 2.5m odd to close the deal off , by Jan they will have maybe 400k left in kitty , plus 1.7m leaves them short by about 400k not to mention cash to keep doors open . At .5 -.6c not at lot of reason to buy in priority offer.
    Get ready for some serious pumping and BS by the company to get this over the line
 
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Currently unlisted public company.

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