The amigo baggers have gone quiet.
Are they buying this morning LOL
"Independent Reserves and Resources Report values Colorado Oil and Gas Reserves at AUD$20.54 Million Valuation based on 21% of Austin’s Colorado only as a small number of wells have been drilled on a property that is large enough to accommodate 450 + wells Represents a 126% increase in NPV from February 2017 report. Reserves are bankable and Austin is currently in discussions regarding a senior debt facility to fund full field development. P90 Resource over full 17,698 acre property = 34.9 million barrels of oil & 220 billion cubic feet of natural gas (90% probability) The Pathfinder project at Colorado remains highly economic in low oil price environment
AKK Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held