AKK 0.00% 0.3¢ austin exploration limited

Fundamental Financial Analysis, page-21

  1. 15,774 Posts.
    lightbulb Created with Sketch. 268
    Hi all
    I agree we shouldn't focus on the past other than to be aware of the spin and the failure to deliver .so if we focus on the current , i still haven't heard any argument that can show us how AKK can find its operations , even using the most generous of assumptions . If the company can't generate enough cash flow to fund additional wells without issuing billions of shares in additional equity , how is this a good buy .

    I would love just one holder who is positive to post some numbers of how AKK can be self funding even if we assume another equity raise of say 1.5 m
 
watchlist Created with Sketch. Add AKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.