But MAN hasn’t drilled a single well.
A resource cannot be established without drilling and testing seperate clastic zones, they need pressure, draw down tests and flow rates.
The JORC can only span out a radius of 2km for Indicated and 4km for Inferred.
So which wells do MAN plan on using for their JORC.
There are strict guidelines to follow here.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-68
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