AKK
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0.00% 0.3¢ austin exploration limited

So we raised a loan of $1.9m which is in the bank and we will...

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  1. Wazz101
    360 Posts.
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    31/07/15
    14:06
    Post #: 15729468
    So we raised a loan of $1.9m which is in the bank and we will outlay $1.4m (50% E&E) in the next qtr.

    Sales revenue in Q2 $438k v oper costs of $614k excl E&E of $673k.

    Even if they manage to get to operational breakeven in Q3, something has to happen to speed things up, or it will be a very long and slow road....
    AKK Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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