AKK 0.00% 0.3¢ austin exploration limited

Ann: Maiden Pathfinder Oil and Gas Reserves & Resources, page-12

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  1. 6,312 Posts.
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    I really do feel for many of the holders here for they have been (omitted). Fill in the blank

    There are some in particular who deserve (omitted - else I suspect moderation). However the digital record is there for all to see....

    "I expect,given geological dynamics of adjoining field discussed,the Report on reserves may well be in excess of 15 mill. bls.However let us assume Report assess field at much the same ,then even assessing reserves at say $9/bl in ground i.e say $135mill...would equate to ..even at say 50% discount...about 3c/share"

    Now I believe I was ridiculed by this poster and moderated several times for calling it what is was.

    I wonder if said poster will now come clean and confess that not only does he not know anything about AKK but clearly knows nothing about E&P in general.

    Missed by that much ....
    Total 1P = 4,500 BO .... missed by 99.97% (apply for job as Greek Treasurer)
    1P PV10 = $88,470 ... missed by 99.994%
    Total 2P = 1,097,043 BO .... missed by 92.69%


    But I'm sure he'll find a way to spin his "YOU LOSE ... I WIN" argument of post 22375988

    Take the time to read and understand the implications of this catalyst (@Sector has already given you a few hints). Oh and I guess we have can now SEE what has happened right. Actually go back to Pathfinder Resource report done a few years back by Gustavson.

    As always ... Good luck.
 
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