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0.00% 2.6¢ jupiter energy limited

Ann: Independent review upgrades Block 31 resourc, page-30

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  1. AussieSkier
    16 Posts.
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    13/07/10
    12:08
    Post #: 6896808
    re: Ann: Independent review upgrades Block 31... Can anyone clarify the reserves terminology that JPR are using?

    They quote 80M "recoverable" and then use a P50 figure of 80 M. - P50 is normally defined as proven + probable.

    Probable reserves are just that - probable, not fully recoverable, until they are classified as P90 - proven.

    I am not aware that all reserves classified under P50 are normally deemed recoverable - or have I missed something?
    JPR Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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