TShirt, that's 2P of ~200PJ !! … That's a bloomin' big number first off to expect for 2P isn't it??? I would've thought that might be closer to the 3P figure and expect to see 2P much lower. But I'm stabbing in the dark here.
…. COI's first reserves were circa 2P 35PJ and 3P of around 200PJ and clocked up a MC on the news of ~$155m . Think I'd be well pleased with that for starters
But I'm happy to go with your numbers!!!
Kip
PS I realize COI's figures prove nothing - just a line up ...
RLE Price at posting:
10.3¢ Sentiment: Buy Disclosure: Held