AKK 0.00% 0.3¢ austin exploration limited

trading halt!!!, page-18

  1. 1,304 Posts.
    "surely you guys aren't happy with a raising at this level"

    I'd have preferred they waited until post-Halcon results at least. As previously stated, they need to start paying for what is to coin your phrase, a 'productive asset' in Pathfinder. In a perfect world it would of course be a 'producing' asset. I think this CR while as regrettable as they all are, is part of that process.

    In reality, a company this size, with <$2mill in cash and looming capex on what will this year (in fact this quarter) become producing assets, was always going to need further capital injection.

    I don't get that 'BCC' feeling with this lot Auto.
 
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