If they get $5m from a bank with good terms, I'd change my sentiment to hold...from .003c
Somehow, I find it very hard to believe they will pull off such a number with existing production and performance of last 3 wells (with A$3m spent) + G&A further A$1.5m.
Ie: even $5m over next 18 months would only achieve what they currently have managed...and now they have debt again.
AKK Price at posting:
0.3¢ Sentiment: Sell Disclosure: Not Held
