BOE 0.60% $3.34 boss energy ltd

Ann: Resource growth drilling to start following seismic programs, page-4

  1. 2,354 Posts.
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    I was interested to read Appendix 1. I wasnt aware BOE already have an "Exploration Target Range Mlbs" which it seems is like an estimate of further resources, albeit a less certain estimate. From Ann:

    https://hotcopper.com.au/data/attachments/3750/3750015-d8fbef81b6022ce7323c7c8d29c0754a.jpg
    Remembering the EFS only includes the Honeymoon part of the current JORC being 36Mlbs, it doesnt include any of Jasons or Gould. If you add Jasons and Gould 36Mlb + say the mid point of the above "Exploration Target range" being 124Mlb, you have = 160 additional Mlbs. That's a 450% increase over current EFS model. Pretty bright growth prospects I would say.
 
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