Ann: Independent Review Confirms Increase in Cyrano P50 Resources, page-4

You have to show the oil is there before attempting development. Established as existing (and thus further avoiding exploration) it has a distinct worth in the ground so near to surface. This permit has had a number of penetrations and now with modern processing this report shows the size potential of the pools, which modern extraction techniques can be applied to. I think they may have used the conservative extraction guideline of 15% at P50 which is dictated by the ASX requirement of using PRMS. Reality is probably more like 35%- 40% given reservoir stimulation techniques and modern pumps.