Ann: Trading Halt-AKK.AX, page-18

Bubsmark
you would need a 30 day IP to have anything of substance. The last result announcement was still while they were drilling and were "waiting for equipment to production test.
What results do you think would be out and if the results for so good, why wouldn't you release them and do a CR at higher prices after everyone bids up the price on these fantastic results. It makes no sense, you approach is just another was of trying to put lipstick on this pig.

Another point worth noting is with the AUD/USD exchange rate, AKK needs to raise about 1.1m aud to fund one well and 3 months of corporate costs. Now to raise that in a CR after fees, they would need to issue another....... wait for it ....... 200m additional shares at .6c. Now if that example doesn't highlight the problem with this business model I don't know what will