1. verb/simile. To be working really hard, or so under the pump that you've found yourself dehydrated.

2. verb/simile. (sarcastic) Doing nothing at all.
1. How are ya, mate?
Oh, dude, I'm flat out like a lizard drinking.
Up for a brewskie later then?
Yeah, for sure.

2. How are ay, mate?
Oh, dude, I'm flat out like a lizard drinking.
Yeah righto, come out for a brewskie then.
Orright, seeya in a sec.
by Ryan Paine February 15, 2008
To be, or have been, hard at work. Originating in Australia.
"G'day mate, how ya been?"

"Mate! I've been flat out like a lizard drinking! This is hard yakka! I've been working on it for yonks!"
by G'day and Well Hey January 21, 2009
Adj. Simile. To be extremely busy to the point of running "flat out," a play on words involving the image of a lizard that physically stretches itself thin to literally drink water from a pond etc.
Slacking off? Are you kidding, mate? I'm flat out like a lizard drinking.
by TheBadSanta September 18, 2008

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