Interesting the resources estimates for Nyuni have been upgraded?
P50 2.3TCF (was 1.2TCF)
P10 4.6TCF (was 2.5TCF)
I finally got some time to have a look at these tonight and do some comparisons.
The resource estimates haven't doubled as the original figures weren't including Fangove, although the increase is still quite good.
P50 12.5% increase for KN#1 P50 29% increase for Nyuni (presuming of course that the original estimate included Nyuni East and West) P50 14% increase for Okuza
Note both the original and the updated figures still don't include Songo Songo South, Bawara, etc.
KEY Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held