Given the lack of drilling I personally expect the JORC to be 100% inferred, I really don’t see how they could have any Indicated resource this early without drilling.
then Maybe once they re-enter and test Big Indian 1 and Lisbon B-912 I’d expect them to develop the Indicated category.
Have you familiarised yourself with the AOI’s (Area of Influence) surrounding each well as per the JORC code?
My opinions only.
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