AKK
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0.00% 0.3¢ austin exploration limited

Hey Zym, You need to know what the NPV of oil is now and that's...

  1. mick1708
    1,085 Posts.
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    27/05/16
    16:31
    Post #: 17887080
    Hey Zym,

    You need to know what the NPV of oil is now and that's what the Company will be valued on.
    Someone correct me if I'm wrong but the recoverable bbl.'s.

    So if they find 15m barrels and only 1m are recoverable and the NPV is $15 per barrel, well that's $15M to the MC. plus whatever else they have of value.

    Cheers and good luck to all that hold. especially those like me that have been in for years.
    AKK Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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