30 40percent downgrade in reserve in aza, page-13

I've seen the Bailieu report and its another one of their very pro NXS reports. They were the ones first touting the Crux 'mega field' etc and whilst that's great as I have a heap of NXS, dont be fooled as they are in part NXS parrots. Getting fed business by NXS as well as owning NXS shares. Not that I disagree with their assessment of NXS just their assessment of AZA, and the BMG field. 30 - 40% downgrade ? They are dreaming in my opinion (not that its worth much !).