AKK
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0.00% 0.3¢ austin exploration limited

Ann: Update - Consolidation/Split - AKK, page-33

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  1. junior101
    1,390 Posts.
    lightbulb Created with Sketch. 17
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    24/05/17
    13:52
    Post #: 24883752
    Hi Sharks, at end of day if AKK is submitting in ground value of
    Florence to lenders based on best technical evidence..as per Report
    at say around $20mill..for a small percentage of field..then to me
    even a modest LTV ratio of initial 'Bankable' at around 30%..ie say $4-6mill..would not appear
    unrealistic given ongoing potential of field...and given the quality of the project..

    Cheers
    AKK Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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