oriels recommendation, page-32

re: oriels recommendation - what i like Hardmano, it's all very good and their sums are very conservative to say the least. As for the 180 million barrels at Ching, below is my post in answer to olive blossom questioning my prediction of a 40% rise in ching reserves on the 29th of May.

+++++ Just a wild guess olive but if they were to announce a reserve increase i reckon it will be smack on 40% which is 180 million barrels or 7 years production at 75,000 bopd. I reckon they would feel there is more than 180 million but a figure above this wont be announced. 7-10 years of Ching production would be dandy which would bring Ching reserves to somewhere between 180 - 250 million barrels.


Im just speculating so see what happen's.+++++

It could be a fair bet that HDR will be in the sap/asx 100 as of July!!!!!!!!!!!

Toot Toot