AOK 0.00% 1.7¢ austex oil limited

NPV $400 million and growing?, page-7

  1. 519 Posts.
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    Hi Akap,

    I believe you're 217M figure is actually for 1P reserves, I was quoting 2P. And while yes I do agree that it has taken a while in the past to get wells connected, I feel that the current build of the gas sales line will mean a much quicker connection for drilled wells in the future.

    Anyway, all that aside, I think one thing that we can both agree on is that this company is currently grossly undervalued, how long it takes for the market to wake up to it well who knows, but I must say that trading recently has been encouraging.
 
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Currently unlisted public company.

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