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3.45% 2.8¢ mandrake resources limited

Given the lack of drilling I personally expect the JORC to be...

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  1. Chris2184
    10,720 Posts.
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    30/07/24
    15:28
    Post #: 74984480
    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.
    Last edited by Chris2184: 30/07/24
    MAN Price at posting: 2.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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