source: adapted from https://www.asx.com.au/documents/asx-compliance/asx-oil-and-gas-risc-presentation-july-2013_2.pdf highlighting the contingent resource report.
source: https://www.asx.com.au/documents/rules/Chapter05.pdf
The big question is, will they want to declare it as soon as possible, or will they wait? In some jurisdictions there are consequences for declaring earlier than when you are ready for production.
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