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
AKK Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held