Posted this on other thread but think it deserves another viewing here.
Provided me a better visualisation of how big this find actually is even at the conservative independent assessment from Icewine 1. Don't even take into consideration managements estimate...nor our new land and potential land acquistions...or the dual land based adjoining infrastructure conventional/ unconventional hybrid play...nor the short attack speculatively accounting for the currently supprressed SP price I previously mentiined...nor the cash reserves we have to prove out Icewine 2 nor rising OP (round $50 now isnt it?).....nor breakthrough oil extraction methods...not well...you get the picture right? Just talking about what has been independently assessed to date.
http://hotcopper.com.au/posts/17468744/single
Now isnt that a stunner?
Australia's total proven oil reserves have dropped to 1.2 billion barrels in 2015.
Now does that give holders better clarity/visualisation into what their sitting on? For 4 lousy cents per share?
Still thinking that's maybe the real current value?...LOL!
Bring it on instos. BRING IT ON!!!![]()
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