KKO 1.35% 7.5¢ kinetiko energy ltd

Yes "resource" as in prospective and contingent resources are...

  1. 3,991 Posts.
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    Yes "resource" as in prospective and contingent resources are still either undiscovered (prospective) or discovered but still sub-commercial (contingent)

    What matters as you point out is what is commercial and can be proven into reserves out of those.

    That's why the maiden reserves will be a major milestone for KKO and grab the markets attention if like 0.5tcf + in reserves with further upside reserve potential 0.5tcf may mean the market cap should be 500m going off past valuations such as $1b for 1tcf for Pure Energy



    https://hotcopper.com.au/data/attachments/5012/5012167-64f2b56cc7cf2ea1ac08fdba6bc7c694.jpghttps://hotcopper.com.au/data/attachments/5012/5012242-a3d90a3590da119074a2a425cf0e66ca.jpg


 
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