AKK 0.00% 0.3¢ austin exploration limited

Ann: Independent Reserves & Resources Report values Colorado Oil, page-21

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  1. 15,774 Posts.
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    wow, you guys are easily excited, you get some numbers and you all get excited
    folks, start by understanding what those projections say, the supposed value if in the undeveloped reserves and to monetised this undeveloped reserves, AKK will spend multiples of the 15 m aud they are supposedly worth
    they stated 3-5 wells, that would need circa 3-5 m AUD including corporate costs.
    I assure you the 305 wells will NOT be drilled without 1-2 CRs

    you are been had once again, and i am amazed how you all get excited by numbers you don't understand.

    write it down1-2 CRS this year.
 
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