My thoughts around the MRE upgrade target should be 16MT, which results in a 100% upgrade and is significant increase in my opinion.
Fellow shareholders need to set realistic expectations to avoid disappointment.
However anything is possible with at least 2 more quarters of drilling to be included in the revised 2024 MRE assessment.
I'll let @stevenrushbrook explain the realistic numbers in more detail including the lab results that didn't make the cutoff date and what the swell zone tonnage currently means.
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