PJ,
My understanding is the recovery rate used to come up with the announced figures is around the 30% mark. I can't remember if it was Cath at the road show who mentioned it or Richard Heaton from CNE during some Q&A from one of their presentations.
Would you mine directing me to where they have stated they have used high and lower recovery rates for the blocky and thinner sands?
Tones.
FAR Ltd shrugs off oil sector woes with ambitious Senegal venture, page-27
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