FFM 1.20% 82.0¢ firefly metals ltd

Page 2 states the below, this would be why it has gone to 6:1,...

  1. 55 Posts.
    Page 2 states the below, this would be why it has gone to 6:1, would assume that most things now would come out in the form?

    In order to minimize repetition of reserves reporting and enable ready comparison of
    reported production and reserves with other North American producers, Aurora now
    reports in compliance with certain North American reporting requirements that determine
    equivalent production in barrels of oil equivalent calculated on a simple 6:1 ratio. Reserves
    estimates and estimates of future net revenue associated with such reserves are now
    prepared and reported in compliance with Canadian securities laws under National
    Instrument 51 ?101 ? Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). The
    basis for analysis under NI 51 ? 101 is almost identical to the guidelines used for the July
    1, 2010 reserve report announced on 18th August 2010 and referred to below.
 
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