Australia's largest stock trading and investment forum Australia's #1 stock forum

AOK

Click for more information

0.00%

0.3¢ australian oil company limited.

Ann: Borba Gas Shows Continue in Key Target Formations, page-232

First 232 Last

Share
Profile

Follow
debono

23,194 Posts.

827

01/04/21

18:21

Post #: 52215329
Share

Originally posted by relaxed ↑

Inground value is just a quick shortcut for getting a ballpark valuation.

The well will only drain 100 acres - which is far lower than the resource size.
So you can do a valuation for the 100 acres (which would be high per mcf), and a separate one for the remaining resource (which would be much lower per mcf). Then add them together.

Or just apply a generic valuation across the entire resource.

Expand

Was GJ talking 100 acres for the 100ft Guinda only?
Why would the well only drain 100 acres relaxed?

SGC Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 232 Last

Add AOK (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $3.005M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$49	16.35K

Buyers (Bids)

No.	Vol.	Price($)
9	20333665	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	11137932	7

View Market Depth

No.	Vol.	Price($)
9	20333665	0.002
9	58300500	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	11137932	7
0.004	8746251	7
0.005	2500000	4
0.006	7027961	6
0.007	4301142	3

Last trade - 11.51am 18/11/2024 (20 minute delay)

AOK (ASX) Chart