ACN 0.00% 28.5¢ acer energy limited

announcement, page-4

  1. 6,650 Posts.
    Its all good, confirmed deeper LKO than intersected at Flax East 1.

    We knew this already as Flax 6 intersected oil 25m deeper than at Flax 7 but it was in basement.

    Key problems is that INP are only slowly stepping out the delineation wells. Ideally a step out that proves LKO some 50m deeper would be best.

    Yet again the reporting very conservative and unless you follow the stock you would just think,

    "well that a success but what does it mean, please explain?"


    cheers

    PC43
 
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