AKK 0.00% 0.3¢ austin exploration limited

Generally accepted definition of project financing that I see is...

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    Generally accepted definition of project financing that I see is some form of term loan with payments structured to the cash flows of the project AND the project itself is the ONLY security for the loan (so non-recourse).

    That AKK would contradict themselves isn't a surprise. One has to wonder what sort of lender and loan terms would be offered on a project that needs so much to go right to enable "large scale and long term field development".
 
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Currently unlisted public company.

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