Read the announcement from the 8th May? How do you come up with a cap raise?? See below ----
"Reserves are bankable and Austin is currently in discussions regarding a senior debt facility to fund full field development"
and...
"Financing terms for quality United States oil & gas companies are being signed on competitive terms, and securing such a facility will also be a key value driver for shareholders. Negotiations are progressing well."
AKK Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
