AKK 0.00% 0.3¢ austin exploration limited

Ann: Independent Reserves & Resources Report values Colorado Oil, page-4

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    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
 
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