AKK
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0.00% 0.3¢ austin exploration limited

Ann: Disclosure Document - Prospectus, page-2

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  1. cmonaussie
    6,312 Posts.
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    16/12/16
    11:34
    Post #: 21387266
    Let's see if I read this correctly,...

    IF the raising is oversubscribed (i.e. $4.2M raised before costs), you get:
    1. IOG asset acqusition
    2. $200K spent on "additional drilling" ... to what exactly was scheduled already
    3. $200K spent on "additional seismic" ... to what exactly was scheduled already?

    Balance goes to WC.
    AKK Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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