AKK 0.00% 0.3¢ austin exploration limited

One way or other AKK will need to get funding either by equity...

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    One way or other AKK will need to get funding either by equity or finance , as it is cashflow negative , but if by finance and if we include Convertible notes as finance then often C notes are converted into shares which also dilutes the shares on issue or if a straight loan the financier will use as security the companies assets and if payment is not made takes control of the assets as is happening to BLY currently, a 150 year old company .
    What ever scenario dilution or total loss occurs if the company is unable to service its loans
    Therefore the company will need to drill a series of wells where the revenue returned to AKK is greater than all the OPEX , CAPEX , exploration costs , admin, interest ,
    If the last 4 wells failed to achieve even a return on OPEX and CAPEX let alone taking into account the other costs what hope is there it achieve a financially viable project going forward ???
    Serious question on my part !
    TO date I can not think where it has succeeded to achieve that
    DO not understand why you include me in down rampers as am just stating my opinions prefer if you showed a constructive argument to counter rather than getting personal .
 
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Currently unlisted public company.

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