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10.0% 1.1¢ neurizer ltd

50 Pj per year, page-27

  1. Al99
    2,629 Posts.
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    25/02/19
    09:23
    Post #: 37551507
    daz

    there is a huge difference between a resource and a reserve.  They have not yet quoted a reserve.

    By definition, the reserve will be lower than the resource as there will be technically recoverable gas that is not economic to recover so the numbers will differ.

    how do I know this??  Years and years of relevant technical and commercial experience in oil and gas. 

    Cheers, AL
    LCK Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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