AOK 0.00% 0.3¢ australian oil company limited.

reserve report is out, page-16

  1. 7,365 Posts.
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    I was under the impression that the reserves would be increased substantially as more production comes on line and others that have not yet been included comes into consideration.Like binbin, I have been accumulating on price weakness. Where we deferred was, I have probably been guilty of being more optimistic having made enquiry on occassions about the production and drilling.Also on the lack of interest shown in the progress and not sufficiently reflected in the SP. Binbin pointed out that it was the decrease in the oil price that could have caused that.Now that there are signs that the price of oil is moving up again, let's hope likewise AOK's SP does the same.Good luck to all AOK holders.
 
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