Hi Whisky
Unless I'm mistaken, Ya says 40% of that 330m should be 132m when in fact they declared nearly 172m. That would turn that 330m estimate into 430m, an increase of roughly 30%. FAR's 13.7% would then increase from 45m to 58m, which would significantly boost the value of SNE to the company. Assuming the $7.50 a barrel used by Mandurah yesterday, it would be an extra $97.5m.
Ya, please correct me if I have stuffed this up.
OOO
2C booked by Cairn, page-4
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