I think we need to be realistic about this next 2P & potentially 3P upgrade.
This is an important development phase for the project, but nowhere near the full resource can be upgraded from just one UCG chamber.
The rest will have to be an updated 2C resource.
I'll be pleased with any 2P result between 500 and 800 Pjoules at this next announcement.
I think the market will like that too.
IMO
DYOR
Ann: Oversubscribed Rights Issue Finalised and PRMS Update, page-6
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