what you say sounds very likely and makes sense, but is there any reason why RS can not prepare a report containing 1p, 2p 3p info for ASX/Oz s/holders and ASX ann; whilst at same time providing info suitable for more stringent SEC requirements?
My feeling is, after reading work on this thread, that the SEC compliant findings are likely to be a PUD and ASX compliance might be a 2P.
Also would anyone care to put a reserve value on a bbl of PUD?
And would anyone care to put a value on a bbl of 1,2 and 3 P reserves?
all comments welcome.
ELK Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held