KKO 12.2% 11.0¢ kinetiko energy ltd

Ann: Maiden Gas Reserves and Resource Report, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,134 Posts.
    lightbulb Created with Sketch. 958
    Assuming KKO goes to 100% of the project soon as expected:

    6tcf contingent resource is worth plenty I guess it depends how much can be proven up into reserves.

    So far it's 6bcf or 0.006tcf so if my maths is right only 0.1% of the contingent resources proven into reserves so far albeit from a small area only.

    So inground reserves value for this small area about 6m x nat gas price per mcf/mmbtu I think

 
watchlist Created with Sketch. Add KKO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.