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0.61% 8.2¢ kinetiko energy ltd

Assuming KKO goes to 100% of the project soon as expected:6tcf...

  1. SpiderMonkeyZ
    4,047 Posts.
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    21/08/23
    12:30
    Post #: 69453999
    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

    KKO Price at posting: 9.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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