I was under the impression that the 2D estimates were low because the model used to calculate didn't have all the figures they have today e.g a known and very prolific source kitchen with finds much larger than anticipated supplied by the same kitchen.
I'll assume your comments are more generalised. But it will be interesting to see an updated p50 figure. Would be interesting as an exercise if they were to recalculate the 2d estimates but they will likely just do the 3d with everything known today. I'm certainly expecting a decent p10 figure also. Woodside is know to be conservative. Also interested to see if the independent pcl figures are different (they could publish)
PCL Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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