KKO
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2.04% 9.6¢ kinetiko energy ltd

Ann: Significant Gas Resource Increase to 4.9 TCF, page-19

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  1. SpiderMonkeyZ
    4,141 Posts.
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    24/10/22
    09:52
    Post #: 64352508
    Hey mate KKO have prospective and contingent resources as I understand it of nat gas (methane). A maiden reserves statement is due soon (late Oct or early Nov per a recent video) from Sproule which per the schematic below sits in the commercial category. So that would I guess be considered a de-risking event having proven reserves.


    https://hotcopper.com.au/data/attachments/4774/4774849-66b04f880a0d81cf6edf65e6ecdd8314.jpg
    KKO Price at posting: 9.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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