HDR hardman resources limited

re: reserves announcement, page-2

  1. 2,705 Posts.
    re: reserves announcement Ted said this month. You can gleen from his presentation 150M but could be more. The JV will be discussing it and reserves may differ. The top sands in Ching are most likely gas said Ted but he still says reserves could be over 200 but these sort of reserves will not be determined till further drilling. I suggested they consider using a P10 to P90 type announcement focusing on the P50. My guess is this would come out
    P10 120M
    P50 160M
    P90 220M

    But I am only hypothesising
 
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