Ann: AusTex Reports Significant Increase in Reserves, page-17

interesting metric some of these value investors work off is the disparity between the PV10 and the market cap.

Prior to this announcement of the significant increase in PV 10 it was as follows:

PV10 = $217m vs MCAP $125m suggesting value increase available circa $92m

After the announcement:
PV10 = $338m vs MCAP $137m suggesting value increase available circa $201m

This is a massive difference and the primary reason that Freestyle became a major shareholder.