Don't disagree Jovanco re head winds and LNG in general.
Ramsay is the pre eminant geo in this space IMO.
He handles the big boys globally in our space and he is also a qualified Geologist who has worked in the field pre working in his current area.
With all due respect to your good self I think Ramsay has seen what is on offer in Brazil and the science and 3D's etc....
I sit very comfortably with his risked assesments here.
The Degoyler McNaughton risked assesment of BOE equivalent is also at the lower end as these conservative estimates and Ramsay notes this also.
So 50% based on 507 mmmbs for the shelf i described above is also no doubt 'conservative'.
Just my thoughts
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