IMO the reclassification of Prospective resources 45cfjb2j67tkhy.pdf (asx.com.au) to Reserves status will lead to a meaningful re-rate. Will it happen? It seems the market is not yet convinced that what has been discovered is commercial (sub commercial contingent resource?). This is why IMO, the soon to be released update from McDaniels' is key to unlocking forward value.
Cuba Block 9 Operations Update, 12 March, page-161
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